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Hammer Falls On Record Silverstone Auctions Sale

RECORDS were broken at the recent Silverstone Auctions event, as the two day sale generated more than £5 million and secured some of the highest prices seen to date. One highlight of the sale was a 1979 Ferrari 308 GTS, which was hammered away for a premium inclusive £82,225 - more than £50,000 over its lower estimate and a world record for the model. Not to be outdone, a 1989 Ferrari 328 GTS sold for a premium inclusive £77,050, breaking another world record.

Los Angeles auto show 2009 photo gallery

By Ben Pulman Motor Shows 02 December 2009 20:40 Browse through the photos at the 2009 Los Angeles auto show on this page. We've got the latest pictures of all the important debuts at LA's motor show – and we'll be adding more photos in the next few hours.CAR's reporting team in Los Angeles is filing pictures back as soon as the covers are whisked off the important new cars – from the VW Up! Lite to the Honda P-Nut, Porsche's new Boxster Spyder to the Cadillac CTS Coupé.Don't forget to read the exclusive CAR Live Blog filed live from the 2009 Los Angeles auto show.

GM axes deal with Peugeot Citroen: how it helps Vauxhall

Wolfgang Rattay, Newscom, RTR Strange as it sounds, the sale of GM’s 7% share it only just bought in Peugeot is good news for Vauxhall buyers. The reason is that it is the last stage of GM’s plan to improve the plight of Opel and Vauxhall by getting rid of all the distractions and focusing on improving the cars and the marketing. The Peugeot move has to be seen in the context of GM pulling Chevrolet out of Europe only a few weeks ago.