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Video: Hagerty reviews Saturday news from Monterey auctions

Hagerty's Dave Kinney, Donald Osborne and Rob Sass discuss auction results for Russo and Steele, Mecum, Gooding & Co. and RM Auctions. The Monterey Week is packed with car shows, vintage racing and car auctions.

German Parts Pillagers Roam the American Southwest, Sending Treasures Home For Future Car Museum

Quite a few older European cars are purchased in rust-free parts of the United States and then shipped back to the home continent, and this process tends to intensify when the Euro gets stronger versus the dollar. While that's going on, crews of European gearheads also roam the wrecking yards of the Southwest, filling shipping containers with parts to ship back home; I know of a trio of Swedes who come to Colorado every year and ship home tons of parts, but they've got nothing on this pair of Germans. These gentlemen fly to the United States four times each year, spending two or three weeks each trip, and send home cars and shipping containers packed with parts, all as part of a scheme to open up a car collection showcasing "cars from the road." They were kind enough to send me a bunch of photos of their most recent trip, so let's see what their enviable lifestyle looks like.

BMW M3 DTM Championship Edition not coming to United States

BMW is celebrating its domination of the 2012 DTM series with a special edition M3. Canadian driver Bruno Spengler claimed the driver’s title; BMW Team Schnitzer finished top in the team standings and BMW claimed the manufacturer’s title. Only 54 examples of the BMW M3 DTM Championship Edition will be offered in various international markets—but not the United States.