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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

Land Rover Defender to return to U.S.

Land Rover will bring the redesigned Defender SUV to the United States as its entry-level vehicle, said Ralf Speth, CEO of Jaguar Land Rover. The Defender could debut as early as 2015 and will be based on the DC100 concept shown at the 2011 Frankfurt auto show. The rugged Defender is currently sold in overseas markets and was last sold here in 1997.

Autodesk Automotive Days - Munich 2009

Autodesk's Automotive Days design conferences, launched in Munich in 2008, have highlighted the key growth area of digital prototyping. And at last month's conference the focus was once again broadened to include coverage of conceptual design and creative visualization (at the very beginning of the design process) and design for manufacture - at the culmination of the process. Speakers from Autodesk outlined the innovative features of their latest product suites, while keynote presentations from leading automotive designers such as Frank Stephenson of McLaren and Volvo's Rickard Franklin showed in fascinating detail how the benefits of these software systems were being maximized in busy corporate design studios.