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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.

SAIC Roewe

By Ben Whitworth Motor Industry 16 October 2006 09:40 Rover lives on! This is Shanghai Automotive Industry Corporation’s Roewe 750E - the Rover 75-based saloon - caught here undisguised weeks ahead of its official unveiling at next month’s Beijing motor show. Under a shroud of secrecy the Roewe underwent an official naming ceremony last Friday in Shanghai.

Jaguar XE is the new small Jaguar: Geneva Motor Show (video)

First photo of the Jaguar XE Jaguar has revealed this morning that its new smaller Saloon will be the Jaguar XE, and that its new range of engines will be the Ingenium. Beyond that, we don’t get a lot more than we already know. Heading for an arrival in 2015, the Jaguar XE (we always doubted the commonly accepted Jaguar XS moniker) will be the first car in its segment to have an aluminium monocoque and, say Jaguar, is set to be the most advanced and efficient sports saloon in its sector and will be the first production Jaguar using the new aluminium architecture used for the Jaguar C-X17 SUV Concept.