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RM classic-car auction in Detroit rakes in more than $2.5 million

Two of General Motors' finest convertibles from half a century ago were the top sellers at the RM auction last weekend in suburban Detroit. A 1958 Pontiac Parisienne droptop sold for $104,500, and a 1960 Cadillac Eldorado Biarritz went for $82,500 at the annual classic-car event, April 24-25 in Novi, Mich. Prices include a buyers premium.

TVR sale latest

By Tim Pollard Motor Industry 08 February 2007 04:17 More than 30 parties have expressed an interest in buying the remnants of TVR, the sports car maker which crashed into administration over Christmas - and the factory could move to Asia. Administrator PKF (UK) LLP has spent the past month clarifying the assets of Blackpool Automotive Ltd, the company that ran the Blackpool factory, and it in fact holds several trump cards that could prevent the Russian owner switching production overseas. The sale advert in the Financial Times reveals that Blackpool Automotive controls the TVR trademark in Europe and the US, as well as all the intellectual property rights and tooling for the sports cars.

EV charging points 'to top 100,000 by 2020'

THERE will be more than 10 times the number of electric car charging points as petrol stations by 2020 – and that’s just one of the planned networks. According to POD Point CEO Erik Fairbairn, the conditions are beginning to emerge to allow electric and plug-in hybrid cars to flourish, leading to an explosion in charge point installations in the coming years that could top 100,000 just in POD Point’s own infrastructure. There are currently fewer than 9,000 petrol stations on British roads.