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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.

BMW supercars

By Tim Pollard 29 July 2008 09:00 For a company that calls itself a purveyor of 'ultimate driving machines', it hasn't much form in the supercar arena. However, its one real entry is one hell of an effort. The '70s M1 was a mid-engined brute that mixed a mid-engine straight six with scintillating looks and a razor-sharp drive.

Ford Marks 30 Years Of Diesel Power

THE MIGHTY Blue Oval is marking 30 years of diesel power this year. 1984 saw the introduction of Ford’s derv-powered Fiesta and, to illustrate the power of the black pump, the firm now sells almost 119,000 of them. According to the carmaker, today diesel power represents 38.5 per cent of all Ford car sales, making the introduction of its first mainstream diesel car a significant landmark.