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Mecum achieves record-setting auction in Dallas with 1967 Corvette L88 convertible

Mecum is no stranger to hosting million-dollar auctions all over the United States. Their most recent event in Dallas put collector Buddy Herin's 1967 Corvette L88 Convertible in the spotlight, making it one of the most successful auctions in Mecum history. Being just one of 20 produced during that year, this rare breed made history for its $3.2 million price tag, the highest price ever achieved for a Corvette at any auction.

GM 'will lose money' on the new Chevrolet Volt

By Ben Whitworth Motor Industry 18 September 2008 14:39 Despite hanging its future on the make-or-break Chevrolet Volt plug-in hybrid car, GM has confirmed that it doesn’t expect to make a profit from it – at least not on the first-generation model. The Chevy Volt was unveiled this week amid much hoopla at GM's centenary. 'I don’t know that I’ve ever seen a situation where we make money, particularly when you load all the costs in,' Fritz Henderson, GM’s chief operating officer, told Automotive News Europe, referring to the company’s first-generation technologies.

Jaguar XFR & Focus ST play Sweeney at Goodwood Festival of Speed

The Focus ST & Jaguar XFR play Sweeney at Goodwood FoS The new Ford Focus ST and the 2012 Jaguar XFR are to take to the Goodwood hillclimb to recreate the Sweeney car chase. It’s been the ‘launch’ of the 2012 Goodwood Festival of Speed this week, so we’ve has bits of information floating in, like the Mercedes cars- ancient and modern – making an outing, the new Bentley V8 blatting up the hillclimb and the Jaguar XFR getting the prize for the ‘Most Spirited Getaway’ at the start of the hillclimb. But one little outing caught our eye – the re-creation of the scenes from the new Sweeney film with the Jaguar XFR and the new Focus ST.