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Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.

2012 European Car of the Year shortlist announced

The shortlist for the 2012 European Car of the Year award has been announced today. There were 35 cars on the original list, but the first round of voting from the 59 jury members (including CAR Magazine’s editor Phil McNamara, and our European correspondent Georg Kacher) has whittled the list down to just seven. They are… • Citroen DS5• Fiat Panda• Focus Focus• Opel (Vauxhall) Ampera/Chevrolet Volt• Range Rover Evoque• Toyota Yaris• Volkswagen Up There will now be a second round of test drives, before the European Car of the Year jurors submit their scores and a winner is announced live at the Geneva motor show on 5 March 2012.

General Motors and Ford load up on small cars for bigger profits

Ford has no qualms about charging nearly $23,000 for a fully loaded 2011 Fiesta, which is smaller than the Focus. The Fiesta sedan, which goes on sale this summer, starts at $13,995, including shipping. The Fiesta, with a 1.6-liter four-cylinder engine and a six-speed transmission, gets 40 mpg on the highway.