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Video: Hagerty reviews Friday action at Monterey Peninsula auctions

Hagerty magazine publisher Rob Sass recaps Friday's top Monterey auction results from Russo and Steele, Bonhams, Mecum and RM Auctions with Hagerty Price Guide's Dave Kinney and professional appraiser Donald Osbourne. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.

Subaru XV and Coupe 'to double UK sales'

Subaru will launch a trio of new models in the next year to shore up flagging UK sales. The new XV and new sports car will expand the UK Subaru range by 50% and put the malnourished brand back on the map, the UK's managing director told CAR. The new Subaru XV is a Nissan Qashqai rival and will change little from the concept car shown at the 2011 Shanghai auto show.

BMW gets new North America boss

Veteran BMW executive Ludwig Willisch, who has led sales operations in Europe and Japan, will take over as CEO of BMW of North America on Oct. 1. The 54-year-old German will replace Jim O'Donnell, 61, who is retiring.