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'Transport poverty' rising - RAC

THE LEAST WELL-OFF families are slipping further into "transport poverty", according to an RAC Foundation survey. The poorest car-owning households spent at least 31% of their disposable incomes on buying and running a vehicle in 2012, the foundation said, up from 27% the year before. The figures, based on data obtained from the Office for National Statistics, showed that in 2012 the poorest families had a maximum weekly expenditure of £167, of which £51.40 went on a car.

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1910 Flying Merkel is top seller at Vegas auction

Auctions America by RM enjoyed a successful debut in Las Vegas this past weekend, selling more than $4.1 million worth of vintage motorcycles, with an impressive 82 percent sell-through rate of all lots offered. The event at the Rio All-Suite Hotel & Casino Jan. 12-14 had strong attendance, with thousands of enthusiasts gathering to see 490 motorcycles and a range of bike-related memorabilia cross the auction block.