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Aston Martin puts on a show for the Lord Mayor

Aston Martin puts on a show for the Lord Mayor The weather on Saturday was wet and miserable, but that didn’t stop the annual Lord Mayor’s Show in London going ahead, complete with a selection of Aston Martin’s finest. The Lord Mayor’s Show happens on the second Saturday in November every year, and has for 477 years followed the same route  - even throughout World Wars – as the City of London celebrates the inauguration of a new Lord Mayor. This year Aston Martin was asked to take part by the The Worshipful Company of Coachmakers and Coach Harness Makers of London – an apt invite for Aston’s centenary year – and Aston Martin responded with a decent turnout of models.

Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

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.