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Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.

Ferrari at the Paris motor show 2008

By Ben Barry Motor Shows 02 October 2008 14:37 The big news at Ferrari was the California – Maranello’s first coupe convertible and its first car to feature a dual-clutch semi-auto gearbox. Parked alongside the Ferrari F1 car, it looked more purposeful than we expected – though all the motor show cars were, tellingly, displayed roof down. But does anyone else find that front end treatment un peu Peugeot?

2010 Ford Mustang AV-X10 designed in "Dearborn Doll" inspired aviation theme

Some versions of the 2010 Mustang feel fast enough to get airborne. And with that in mind, Ford tricked out one of its pony cars with an over-the-top aviation theme and will auction it for charity July 30. It's called the AV-X10, or “Dearborn Doll,” and is based on a Mustang GT.