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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.

Kia KH: First image of a new RWD Kia Flagship

Kia takes aim at Lexus and Infiniti with the KH Concept Kia releases the first image of the Kia KH,  a luxury RWD flagship saloon destined to be the Flagship for Kia and launching soon in Korea. It would have been unthinkable just a few years ago that Kia would reveal a new, luxury flagship saloon car and be taken seriously. But cars from South Korea have come a very long way, and plans for a range-topping luxury saloon from Kia are proof that they aim to take on the world’s premium car makers.

Mecum achieves record-setting auction in Dallas with 1967 Corvette L88 convertible

Mecum is no stranger to hosting million-dollar auctions all over the United States. Their most recent event in Dallas put collector Buddy Herin's 1967 Corvette L88 Convertible in the spotlight, making it one of the most successful auctions in Mecum history. Being just one of 20 produced during that year, this rare breed made history for its $3.2 million price tag, the highest price ever achieved for a Corvette at any auction.