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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

Mercedes SLS AMG GT Final Edition revealed ahead of debut at Los Angeles & Tokyo

The Mercedes SLS AMG GT Final Edition (pictured) signals the end of the SLS It’s more than four years since the Mercedes SLS Gullwing was revealed at the 2009 Frankfurt Motor Show as the Mercedes replacement for the Mercedes McLaren SLR. And now the SLS is almost at the end of its shelf life. That means the opportunity for a run-out model to cap the SLS range, so Mercedes is launching the Mercedes SLS AMG GT Final Edition – a limited run of 350 cars as a Gullwing or Roadster – which will debut at both the Los Angeles and Tokyo Motor Shows next month.

Renault unveils four electric concepts at 2009 Frankfurt motor show

By Ben Pulman First Official Pictures 15 September 2009 12:00 Renault has unveiled four incredible electric concept cars at the 2009 Frankfurt motor show, and all four will be in production by the end of 2012. The maddest of all is the tiny Twizy ZE concept, a 1+1 city car that Renault sources have revealed to CAR will go into production in 2011 relatively unchanged. Also on sale in 2011 will be an electric van for commercial buyers, based on the Kangoo ZE concept and mechanically identical to the Be Bop ZE Ben Oliver drove earlier in 2009.