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Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.

Chinese brands are narrowing the quality gap with foreign automakers

When it comes to vehicle quality, domestic Chinese brands are catching up to their global peers, according to the 2010 China Initial Quality Study published by J.D. Power and Associates. The consultancy found that the quality gap between domestic and foreign brands has reached its narrowest margin in the survey's 11-year history.

Land Rover triggers rumours of ‘Landy’ SUV

Jaguar Land Rover has trademarked the name ‘Landy’, sparking more rumours of a smaller urban SUV based on the Evoque. The new model could possibly feature styling similar to the DC100 concept, and will be a rival to the likes of the BMW X1 and upcoming Audi Q1. On Bing: see pictures of the Land Rover DC100 concept Find out how much a used Land Rover costs on Auto Trader The trademark application was made in December, reports Autocar, and will cover everything from vehicles to accessories and even franchising for dealerships.