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New York City Taxi of Tomorrow plans hit a roadblock

New York City administration's plan to replace current taxi cabs with the specially developed Nissan Taxi of Tomorrow has been stymied by a recent legal decision, the Wall Street Journal is reporting. The New York State Supreme Court in Manhattan (it's a bit confusing, but this is actually the on the level of the lowest state courts in New York state's court system) has issued a decision which determined the project to be an overreach of executive authority, siding with taxi magnate Evgeny Freidman and the Greater New York Taxi Association. The court stated that city's Taxi and Limousine Commission lacked the authority to compel cab companies to purchase the any particular vehicle -- in this case, the Nissan NV200 Taxi, which was slated to hit streets just a couple weeks from now on Oct.

Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

Nissan mulls Titan engine variations

Nissan engineers and designers are playing catch-up to create the next-generation full-sized Titan pickup, now that the project is back on their plate. A plan to develop the pickup jointly with Chrysler off the Dodge Ram collapsed last year. Now Nissan must make up for lost time.