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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.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.

Toyota Auris Hybrid, FT-86, RAV4, Prius plug-in (2010): first official pictures

By Tim Pollard First Official Pictures 15 February 2010 14:50 Toyota has confirmed its line-up for the 2010 Geneva motor show – and it's fighting back from the throttle recall crisis with a handful of new launches in every which market sector.The Toyota Auris Hybrid Synergy Drive (HSD) gets its world debut in production spec; it's the first mainstream hybrid car to be manufactured in the UK – and you can read all about it in the new March 2010 issue of CAR Magazine on sale on Wednesday 17 February. CAR went up to the Burnaston factory in Derbyshire for a deep dive on the new mass-market hybrid car from Toyota.The second hybrid on show will be the new Toyota Prius Plug-in Hybrid, which will be exhibited in full production guise for its European debut.It's also the European debut of the FT-86 sports car concept – and the first time we've seen the facelifted Toyota RAV4, which adopts a distinctly grown-up face. Is it just us, or there are equal shades of Toyota Landcruiser and VW Tiguan in the new 2010 RAV4 model?