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All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.

Vintage cars cross the auction block at Meadow Brook

An impressive array of gleaming classics crossed the block on Saturday at RM Auctions' Vintage Cars of Meadow Brook sale in a white linen event that showcased the grandeur and glamor of automaking in the Motor City in the early part of the Twentieth Century. The 16 annual auction, held on the eve of the Concours of America at Meadow Brook, is located about a half an hour north of Detroit on the grounds of a mansion where the widow of auto pioneer John Dodge one lived. Unlike the other RM auction, held in an convention hall on the other side of town in the spring, the Meadow Brook event carries an austere demeanor, and the automobiles roll with a similar vibe.

Steve Saleen still planning supercar

Auto-tuning entrepreneur Steve Saleen says he has legally regained use of his name on all his products after a lengthy court battle. On Tuesday, he detailed some of the plans for the company. Remember the S5S Raptor concept car revealed at the New York auto show in 2008?