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Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.

Dodge Hornet is go

By Tim Pollard Motor Industry 04 July 2007 12:30 The newly independent Chrysler Group has saved its deal with Chinese maker Chery - which means that the Dodge Hornet is a step closer to production. Dodge needs a partner with which to develop new smaller cars, like the Hornet, as it's too cash-strapped to fund them solo. The deal signed last night means that the two car makers will 'work together to develop, manufacture and distribute Chery-made small and sub-compact cars in North America, Europe and other major automotive markets under the Chrsyler Group brands.' No mention was made of the Hornet, but Chyrsler’s international director for sales and marketing, has previously told CAR Online that the firm would produce the butch supermini.

Hydrogen powered Black Cab hits London streets

The first LTI TX4 hydrogen-powered London Taxi A hybrid fuel cell electric London cab has been revealed, but unlike recent developments with the traditional Black cab – where Mercedes are busy taking over - this experimental hydrogen-powered Cab is based on the familiar LTI TX4. The joy of using a hydrogen tank to run the batteries is that unlike a plug-in hybrid a refuel will take all of five minutes – no more than filling up with petrol or diesel would, A full tank will give a range of around 250 miles and – just like a plug-in BEV – the hydrogen powered cab is emission free at the point of use. The plan is to raise funding to produce a fleet of hydrogen powered Black Cabs in time for the London Olympics in 212.