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Supercars Accelerate Ahead Of Family Motors In The Used Market

DREAM machines, like Ferraris and Lamborghinis, out-performed every other vehicle on Britain's roads when it came to secondhand values over the past 12 months. That’s the view of independent car information experts CAP Automotive. According to the firm’s research, increasing demand from wealthier motorists kept average used values in the Supercar sector almost unchanged on a year ago - while every other sector fell by as much as ten per cent.

Underground Racing Lamborghini cracks 250 mph--watch the video

Earlier this year, we told you about Underground Racing, a shop in Charlotte, N.C., that makes a business out of upgrading Lamborghinis with twin turbochargers to boost engine output to more than 1,000 hp. Now, a Lamborghini Gallardo Superleggera upfitted by Underground Racing cracked the 250-mph mark at the Texas Mile event. Car owner Richard Holt made the 250.1-mph run in late March, but video was posted just this week.

RM Auctions buys Auburn complex from Kruse

RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6. Rob Myers, RM Auction CEO, said his company will spend the next several weeks making upgrades to the auction facility and lining up consignments.