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Mini John Cooper Works GP (2012) first official pictures

Mini has unveiled the new top-dog Mini John Cooper Works GP - a limited edition, very fast, very expensive Mini hot hatch. Just 2000 Mini GP editions will be built, with first sales due for late 2012. Yes, it's a signal that current generation Mini is approaching its wind-down period ahead of the all-new, third-generation Mini models due to land from 2014.

Chinese price MG TF above MX-5

By Tim Pollard First Official Pictures 03 July 2008 06:54 New Chinese owner NAC has announced a price bombshell for its revised MG TF: it's going to cost more than a Mazda MX-5. The new company, called NAC MG UK Ltd, today revealed that the MG TF LE500 would cost £16,399 when it goes on sale in September 2008. The cheapest MX-5 1.8, meanwhile, costs £15,750.

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.