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Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.

Citroen C4 Picasso five-seat

This is the new five-seat version of the C4 Picasso following the seven-seat model shown at the Paris Motor Show, which will now to be known as the Grand C4 Picasso. Naturally enough then, the two cars will compete with the standard and Grand Renault Scenics, the new Citroen C4 Picasso also tackling the handsome Volkswagen Golf Plus. The C4 Picasso shares its front half with its bigger stablemate while the rear has become more fastback in style, blackened pillars and dipping beltline also reminding of the Citroen C-Sportlounge concept.

Peugeot 308 RCZ concept

These are the first pictures of the Peugeot 308 RCZ concept car, scheduled to make an appearance at the upcoming Frankfurt Motor Show. Based on the forthcoming 308, the 308 RCZ is a 2+2 coupe - in the same ilk as Audi's TT. The construction focuses on lightweight, employing aluminum in the roll over protection bars, a polycarbonate rear windscreen and carbon fiber body panels. Design details of the dramatic concept include pronounced wheel-arches that blend seamlessly with the aggressive front fascia and a stepped beltline. The large offset between the door and rocker panel emphasizes the purposeful, sporting stance.