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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.

Toyota offers peek at redesigned 2012 Camry

A redesigned 2012 Toyota Camry sedan is coming this fall--and Toyota is cranking up the marketing machine. On Wednesday, Toyota posted a teaser photo of the 2012 Camry--a look at the car's left-front corner, showing the headlamp, hood, a flared wheel arch and the windshield. You can also see a fog light, a clue that this is one of the higher trim levels of the Camry family.

Smart Forvision concept

Smart will unveil its new Forvision concept car at the 2011 Frankfurt motor as the manufacturer continues its preview its future design direction. In the last 12 months the company has revealed its Forspeed and eScooter concepts, with the latest addition designed to keep to the original ForTwo's green specifications. The Forvision uses the latest Smart electric drive system, which Daimler claims will add approximately 20 percent to the range of the current electric Smart, with an EV range of around 110 miles. The vehicle's paintwork and glass can reflect heat – on a hot day it can apparently cool the interior by around 20° C. The concept also has a glass roof, with Daimler is in the process of developing transparent solar charging technology.