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Mecum to auction part of baseball great Reggie Jackson's car collection

Baseball Hall-of-Famer and five-time World Series winner Reggie Jackson bought his first car before he could legally drive. And while that Ford won't be offered at the Mecum Monterey Auction, 15 cars from his collection will. A 1969 ZL1 COPO Camaro is among the headliners to cross the auction block.

BMW and Toyota to team up for sports car

BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.

Suzuki Wagon R and Mazda AZ Wagon

Suzuki and Mazda have released one of the most important Japanese domestic market vehicles in recent years with the fully redesigned Suzuki Wagon R and Mazda AZ Wagon. Although relatively unknown outside the domestic market, with numerous tax breaks and low CO2 emissions, the kei-car (micro mini) is the largest and the most competitive segment in Japan, making up six of the top ten best-selling cars this year. The previous generation Wagon-R was the best-selling domestic passenger car for the last five consecutive years.