Autolite 4100 Carburetor on 2040-parts.com

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.

Crunch watch August 09: the auto industry

By Tim Pollard, Alex Michaelides, Ben Pulman and Freddie Fulton Motor Industry 31 August 2009 10:00 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Monday 31 August 2009• Bank holiday today in UK; staff on a well earned break from Crunchwatch!Friday 28 August 2009• Toyota will stop producing vehicles at the New United Moor Manufacturing plant in California next March. Company officials and California governor Arnold Schwarzenegger announced the decision, which comes in the wake of factory partner GM’s announced that it would abandon the venture back in June (Detroit News)• Tengzhong may finalise its deal to buy Hummer from GM next week, well placed sources told AN (Automotive News, subscription required)• German economics minister Karl-Theodor zu Guttenberg says it is 'hardly realistic' for GM to keep hold of its European outfit Opel and Vauxhall (Automotive News Europe, subscription required)• Ford's US cop car favourite, the Crown Victoria, is going to cease production in 2011 (Detroit News)Thursday 27 August 2009• Nissan and Chrysler have abandoned plans to build cars for each other in the wake of Chrysler’s alliance with Fiat.

Honda Civic Tourer (2013) at Frankfurt motor show

The new Honda Civic Tourer might just be a better looker than its hatchback brother. Binning the split rear window tailgate and forming a ‘floating roofline’ makes for a decent-looking estate – but we expected that after clapping eyes on the concept car. What we can tell you is the showroom-ready Civic Tourer has the biggest boot in the compact estate class, and employs similar suspension technology to that of a Golf GTI – or an Audi R8.