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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.

Top international design talent to descend on Czech Republic for AutoDesign Prague 2013

The automotive design industry will head to Prague on 26 September to speak at the AutoDesign Prague 2013 conference at the National Technical Library. Now entering its third year, the one-day conference – organized by AutoDesign and Styling magazine – will be followed by a workshop the next day, which will focus on techniques including sketching and clay and 3D modeling. The speakers and presentation topics haven't been announced yet but last year's conference featured speakers such as Dassault Systèmes' vice president Design Experience Anne Asensio, while the 2011 edition saw presentations by speakers including Fabio Filippini, Pininfarina's vice president design and chief creative officer, and Peter Horbury, then-vice president of design at Volvo.

Lexus RX450h hybrid unveiled at LA Auto Show

By Digby Fullam Motor Shows 20 November 2008 16:14 Lexus showed off the new RX450h hybrid at the LA Auto Show – and when the car comes to the UK in 2009, it will be a hybrid only range with not a smokey petrol-only model in sight. While the looks of the latest version of Lexus’ luxury 4x4 haven’t changed much, rest assured that this is indeed the new model. You’re in luck.