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Saturday night's all right at Barrett-Jackson auction
Sat, 21 Jan 2012Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.
Petrolhead spiders cause Mazda recall
Mon, 07 Apr 2014Mazda has had to recall 42,000 vehicles in the US after it emerged that a species of spider had been weaving webs in fuel vent hoses, increasing the risk of fuel leaks and fires. The yellow sac spider’s curious domestic activities cause a build-up of pressure in the evaporative fuel vent that – in theory at least – could result in a cracked fuel tank and therefore an increased risk of fire. This isn’t the first time that the Mazda 6 has received the unwanted advances of a gas-guzzling arachnid, either – three years ago Mazda had to recall over 50,000 cars for precisely the same reason.
Aston Martin make Nissan’s Andy Palmer their new CEO
Tue, 02 Sep 2014Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?