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Kia, Chrysler, VW set pace as December sales advance 9 percent

Kia, Chrysler and Volkswagen posted some of the strongest sales gains for December as the industry closed out 2011 on a high note. Automotive News estimates December volume was up 9 percent to 1.24 million from a year earlier--in line with analysts' forecasts. Total industry sales were projected at 12.78 million for the year, up from 2010's total of 11.6 million and the 27-year low of 10.4 million in 2009.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

Porsche 911 (2011) the first official video of the 991

Prototypes of Porsche’s new 991-spec 911 haven’t been snapped out on test by our spies this week, so just in case you’ve been having withdrawal symptoms, Stuttgart’s most famous sports car manufacturer has released its own video of its iconic car. What does Porsche’s official video of the new 911 reveal?  Shot in South Africa during the 991’s final validation and testing phase, the video is our best look yet at the new 911 on the move. We finally get to hear the flat six engines, and get glimpses under the bonnet and inside its Panamera-inspired interior – look closely and you can spy the seven forward speeds etched onto the gearknob for the manual ‘box.  Beyond that there’s little more to see, as Porsche won’t reveal the new 911 until the 2011 Frankfurt motor show this September.