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Arizona auctions: Scottsdale sales net an estimated $157 million
Mon, 24 Jan 2011WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.
Jaguar and Williams F1 to partner on C-X75 hybrid supercar technology
Fri, 06 May 2011Jaguar is teaming up with Williams F1 to put a limited run of $1.1 million C-X75 hybrid-powered supercars into production in late 2013 with a crucial partnership that links two storied British companies to develop cutting-edge technology. Jag and Williams have been working on a production plan for the C-X75 since January and will share development over the next few years. “Williams has expertise in composite structures, advanced powertrains, aerodynamics, low-volume production and speedy production development,” said Bob Joyce, Jaguar Land Rover's chief engineer.
Nissan strengthens Brazil connections with new design studio
Fri, 20 Jun 2014Nissan has opened a new design studio in downtown Rio de Janeiro. Located within Nissan Brazil's headquarters, Nissan Design America – Rio (NDA-R) is operated as a satellite of the firm's studio in San Diego, California. Since November 2013, Robert Bauer has been leading a small team at NDA-R with two Brazilian designers: one color and trim designer and one exterior designer.