1953 Ford V8 Flathead Radiator on 2040-parts.com

Arizona auctions: Scottsdale sales net an estimated $157 million

WITH 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.

Saab CEO Jonsson to retire in May; search is under way for a successor

Saab owner Spyker Cars N.V. is looking for a successor to long-serving Saab CEO Jan Ake Jonsson, who will retire on May 19. Jonsson, 59, played a key role in saving Saab when former owner General Motors Co.

SSC Tuatara: The new supercar from Shelby SuperCars

SSC Tuatara - the peaked backed lizard with super speedy DNA Shelby SuperCars has been the bane of the Bugatti Veyron’s existence almost since its inception, because it’s the American Muscle response to the Bugatti technological tour de force. And it keeps on coming, this time with the SSC Tuatara. Currently the Bugatti Veyron Super Sport holds the world speed record for a production car, having wrested that from the SSC Ultimate Aero.