Archive for the ‘Auction’ Category

To many, the new 2010 BMW 5-Series GT is the answer to a question nobody asked. Part crossover, part wagon, and part sedan--and in the 550i, part sports car--the 5-Series GT attempts to be all things to all people but never really hits its mark. [Motor Authority]

Alfa Romeo is working on a brand new flagship sedan to replace its former 166. Destined to be called the 169, the new car will share its underpinnings with the 2011 Chrysler 300 and will go up against the likes of the BMW 5-Series and Cadillac CTS--best of all, the 169 is likely to be sold in the North America. [AutoExpress]

Ferrari has a new exhibition dedicated to no particular...

Many investors and auto hobbyists alike are understandably still pretty shaky about putting money down on the stock market. But that hesitation hasn't shown any lasting sign of translating to the top of the market for collector cars.

That's the verdict after last weekend's big Monterey auctions, long considered some of the top sales of the year, and strong indicators of what's moving and shaking.

According to the LA Times, this year's Monterey auctions together made more than $116 million; that's down from last year's pre-stock-market-plunge $130 million total, but very respectable all considering.

While those without a personal fleet...

If you're a fan of the 2007 Transformers movie, you might be interested to know that the 2005 Saleen Mustang "Barricade" featured in the film was recently put up for auction. (You might have been even more interested if you'd known about this before the auction took place, but sometimes we're slow on the draw.) The 4.6-liter V8 went for a very reasonable $30,000 and is one of only three in existence. If we weren't so bummed out over Transformers ROTF, we might've even put in our own bid. [iCollector]