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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.

Vauxhall Ampera: Try for 30 days – and then give it back

Vauxhall are offering buyers of the range extender Ampera the chance to buy risk free for 30 days and return the Ampera. So in an effort to get more car buyers looking seriously at the Vauxhall Ampera range-extender, Vauxhall have come up with a scheme to allow Ampera buyers to grab a new Ampera, try it for 30 days and then give it back if they don’t get on with it. It’s a clever scheme, because the Ampera is a good car.

Whos Where: Peter Schreyer to head Kia Design

In what's regarded as a major boost for Korean car maker Kia, it has been confirmed that Peter Schreyer will be moving from Volkswagen AG to lead Kia's global design operation. Schreyer will oversee the design activities of the company's regional design centers in Frankfurt, Los Angeles and Tokyo as well as the Namyang Design Center in Korea. While Schreyer's move to Kia comes across as a big surprise for many within automotive design circles, his departure from Volkswagen doesn't.