Northrup Grumman 1855626 Nsn:5950013251720 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.

OnStar and Verizon reveal camera-laden Buick

OnStar and Verizon are debuting a prototype Buick LaCrosse at the Consumer Electronics Show in Las Vegas that offers a range of futuristic technologies. The spy-tech features include cameras that monitor activity around the car which can be viewed from a smartphone and a computer, and an impact-detection system that can replay a video clip of fender-benders. There also are enhanced voice commands to access Web sites, including YouTube, Twitter and Wikipedia, and an electronic owner's manual for the car that's streamed onto the dashboard.

Concours d'Elegance of America: Auctions and Tigers, Oh My!

Detroit knows how to do car shows. Perhaps no area in the country outside of Pebble Beach can put on a multiday, multievent festival of sheetmetal in the manner in which the Motor City can. It's intrinsic, at times it's altruistic--but it's always about the cars.