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Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Ford reportedly to shut down Mercury

The Mercury brand, rumored to be on the verge of death several times over the past decade, would be shut down under a plan being prepared for Ford Motor Co.'s board of directors, Bloomberg News reported on Thursday. Citing two executives who have knowledge of the plan but asked not to be identified, the news service said the plan would be submitted to Ford's board in July. How quickly Mercury would be shut down depends how quickly the automaker can convince Lincoln Mercury dealers to close or merge with a Ford-brand dealership, the report said.

2012 Porsche 911 – Details

The 2012 Porsche 911 - grows in size It’s always the same when a new Porsche 911 comes along; it’s ‘spot-the-change’ time as Porsche reveals another evolution in the long history of its most iconic marque. So with a new 911 due in 2012 it’s perfectly reasonable to expect some nips and tucks to the body and a fettling of the oily bits to drag a bit more performance a bit more economically. Nothing too dramatic; just another chapter in the 911′s evolution.