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Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

Lamborghini Urus SUV concept (2012) leaks early

Lamborghini's SUV show car, the Urus 4x4 concept, has leaked early ahead of its planned debut at the 2012 Beijing auto show this weekend. These leaked photos of the Lamborghini Urus reveal a swooping, coupe-alike crossover - marrying the style of a Lamborghini Reventon or supercar with the stance of an SUV. Lamborghini Urus: the leaked images We'd been expecting a sleek crossover, especially since yesterday's media invitation revealed an outline sketch of the Urus.

Mad Ferrari V8-engined quad bike

Quad bikes are a curious mode of transport. Especially when they’re powered by a 3.0-litre Ferrari V8 engine. Yes, you read that right – this is the Lazareth Wazuma V8F Matt Edition and beneath its barely there bodywork lurks a thoroughbred V8 motor usually mounted in the middle of one of Maranello’s finest.