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RM Monaco sale tallies $43,410,615

RM Auctions sold 87 percent of the lots it offered at its Monaco sale held last weekend at the Grimaldi Forum. The result was $43,410,615 in total sales, with six lots bringing more than $2 million and 10 lots bringing more than $1 million. A 1957 Ferrari 625 TRC Spider drew the biggest bid, selling for $6,469,848.

Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.

Abarth 500C: Hot Fiat Convertible at Geneva

Fiat are debuting the convertible hot Fiat 500 - the Abarth 500C - at the Geneva Motor Show It’s taken Fiat a very long time to catch up with the story we ran in July last year. We’d heard that Fiat were planning a hot version of the hugely successful Fita 500C – the convertible – in the form of the Abarth 500C. We then got confirmation that the Abarth 500C was coming in October and finally we’ve learnt  that Fiat will be taking the new Abarth 500C to the Geneva Motor Show next week.