Auto News

AutoGuide News Blog


The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Sep 05 2012, 4:48 PM

Weep if you want for the former real estate business owner who will be losing $1.2 million worth of Ferraris, but there are some stunning cars headed to the auction block.

Continue Reading…

 |  Aug 20 2012, 1:48 PM

Aside from making a splash by bringing its hottest new number - the F12 Berlinetta – to Pebble Beach for its North American debut, the company also rocked the auction block by selling a 1960 Ferrari California for $11 million. 

Continue Reading…

 |  Aug 20 2012, 8:01 AM

Last month, Jay Leno announced that he’d be auctioning off his personal Fiat 500 Prima Edizione with all the proceeds going to benefit the Fisher House Foundation.

Continue Reading…

 |  Jul 28 2012, 11:01 AM

It takes a lot for Jay Leno to let go of one of the cars from his extensive collection; but the Tonight Show host is doing just that, auctioning off his 2012 Fiat 500 Prima Edizione with all proceeds going to benefit the Fisher House Foundation.

Continue Reading…

 |  Jun 24 2012, 10:01 AM

Got a lazy Sunday ahead of you with not much to do? Interested in seeing classics, resto-mods, luxury, and exotics hitting the auction block? The Barrett-Jackson Orange County, California auction is streaming live online so you can get your automotive fix in today. You know, in case you’re stuck at work or something.

Continue Reading…

 |  Jun 22 2012, 4:32 PM

A stockpile of about 900 Saabs is finally set to be sold off after having sat in three U.S. ports since December 2011 as collateral in the company’s financial snafu. 

Continue Reading…

 |  Jun 19 2012, 7:15 PM

Bidders at the Barrett-Jackson auction in Orange Country, Calif. this Saturday will have the chance to drive home the first-ever SRT Viper while donating to charity.

Continue Reading…

 |  Jun 11 2012, 3:01 PM

Converted to, well, a convertible, then restored to its original hardtop, a Ferrari 275 GTB4 that originally belonged to Steve McQueen came in to Ferrari Classiche for certification.

Continue Reading…

 |  May 31 2012, 1:01 PM

A German family is reclaiming a Mercedes-Benz that recently sold at auction for $3.8 million which was stolen from them by a U.S. soldier during World War II.

Continue Reading…

 |  May 24 2012, 1:10 PM

Picture a classic car in your head: likely it’s an American icon like a late ‘60s Mustang or even earlier like a ‘50s Fairlane. Maybe your taste is a bit more exotic and you’re imagining a classic Ferrari or even a British sports car like an MG or Triumph.

Continue Reading…

 |  May 24 2012, 8:21 AM

A custom, one-off Ford Shelby GT500 will be auctioned off on September 22nd by the Henry Ford Health System with its proceeds to benefit the Edith and Benson Ford Heart & Vascular Institute at Henry Ford Health System.

Continue Reading…

 |  May 04 2012, 2:15 PM

Welfare, food stamps and a revolving door of sex scandals are among the many things the U.S. government provides its citizens on a regular basis, but you might be pleased to know they have a hand in used exotic car sales too.

Continue Reading…

 |  May 02 2012, 5:32 PM

Most people think of low, wide-sitting coupes when the Ferrari name makes its rounds, but in this special case it’s a motorcycle bearing the iconic badge.

Continue Reading…

 |  Apr 28 2012, 1:00 PM

Roush and Ford have teamed up to donate a complete one-off 2013 Roush Stage 3 Mustang to be auctioned off at the upcoming SAE Foundation’s 25th Anniversary Celebration.

Continue Reading…

 |  Apr 25 2012, 9:02 PM

Losing an owner’s manual isn’t a big deal anymore. All the information you need is available online, either from the manufacturer or other people who dealt with the same problem, which is why paying $8,200 for such a thing might seem absurd.

Continue Reading…

 |  Apr 25 2012, 12:45 PM

Staggeringly expensive, one of only 20 Lamborghini Reventóns will be auctioned this summer in the U.K. with an expected selling price of at least €1 million.

Continue Reading…

 |  Apr 24 2012, 6:15 PM

Adoration for Ayrton Senna was rekindled after Asif Kapadia’s film “Senna” came out in 2010, creating a new following among younger racing enthusiasts and inspiring a fresh group of Formula 1 fans.

Continue Reading…

 |  Apr 15 2012, 1:02 PM

Classic Bentleys, Studebakers, Mustangs and more crowded an auction house this weekend to be sold, but one car stood out among the pack: a late model Chevrolet Impala SS. 

Surprising as that might be given the host of exotics it sat with, the Impala is among a special few “Intimidator” editions that have all but slipped from the streets and into collector hands and museum floors. There was also a special purpose behind the Intimidator’s presence: raising money for Sick Kids hospital in Toronto, Canada.

As the car rolled onto stage and bidding began, the auctioneer made it clear that the seller, Jeffrey Seigal (left), agreed to waive the usual 10 percent buyer fee, and that the sale price would also be matched in donation. Although other Intimidator Impalas have sold for as much as $40,000, this particular car went up without reserve — and down for $22,000.

Ted Collins (right), who bought the car, said he frequents auctions though he never specifically comes to buy, more to take his son on fun adventures. “It’s going to be tempting to leave it in the garage,” he said, before admitting that he probably won’t be able to resist driving it.

“It was a good purchase and it’s a good cause,” he said. “Put the two together and everybody wins.”

 |  Apr 10 2012, 8:32 PM

The Gulf Team Davidoff McLaren F1 GTR Longtail will be sold at the upcoming Pebble Beach Auction from August 16 through 17 at Quail Lodge in Carmel Valley, Calif.

As collectable cars go, the F1 is one of the most sought after cars in the world and this Longtail variant will undoubtedly fetch an astronomical amount at the auction. A similar car offered a year ago sold for $3,990,000 and chances are this one will be valued more given its classic Gulf livery.

Originally built as chassis number 27R, this Longtail was damaged in transport and ultimately became a spare car as number 28R for GTC Competition. It ended up racing in the 1997 FIA GT season and competed in races at the Nürburgring, Spa-Francorchamps, Austria’s A1-Ring, Donington Park, Mugello, Sebring, and Laguna Seca.

The Longtail variant features a longer nose and tail to help reduce drag and increase aerodynamic downforce as much as possible.

GALLERY: Gulf McLaren F1 GTR Longtail

mclaren-f1-gtr-longtail-1.jpgmclaren-f1-gtr-longtail-2.jpgmclaren-f1-gtr-longtail-3.jpgmclaren-f1-gtr-longtail-4.jpg

[Source: GT Spirit]

 |  Mar 23 2012, 8:01 PM

James Glickenhaus captured our attention with his extravagant Ferrari P4/5 race car and is now offering enthusiasts a chance to experience it first hand.

Teaming up with The Possibility Project, Glickenhaus is hosting an auction with some of the best prizes an automotive enthusiast can ask for. Be quick though, bidding closes on March 24th at 8:00 p.m. with all proceeds going to The Possibility Project.

Among the prizes that are being auctioned off, there are a pair of 24 Hours of Nürburgring experiences, one of which includes airfare for two, hotel, transport, and VIP all-access passes to the race. The lighter of the two packages and presumably cheaper, includes access to the race and testing sessions along with access to the P4/5C’s private VIP lounge, minus the airfare, hotel, and transportation.

Quite possibly the coolest of all the experiences being auctioned off is a chance to ride in the legendary P4/5C on the open road. As part of the deal you also get a personal tour of Glickenhaus’s collection of rare and antique cars.

The other two prizes are also at the Nürburgring but on VLN Endurance Championship test days with the P4/5C team. Those trips are on March 30-31 and April 27-28 and include two pit-access tickets for both days and VIP lounge access during the race.

Hit the source to start your bidding today, good luck!

[Source: The Possibility Project]

 |  Mar 14 2012, 6:31 PM

Car enthusiasts probably cringed during Jay-Z and Kanye West’s “Otis” video as the duo mangled a Maybach 57, but the joke seems to be on them now.

The irreverently-altered Maybach was supposed to bring between and estimated $100,000 and $150,000 at auction. That money was meant to go, at least in part, to the Save the Children Charity.

Unfortunately, as the audacious music stars learned, people don’t really like the idea of spending that kind of money on what amounts to a disfigured and outdated Maybach. The car earned $60,000 — an less than a quarter of its original value. While that’s chump change to own an ultra-exclusive Maybach (especially because the company is gone), it’s still a lot to pay for junk.

It’s too bad one of the music moguls didn’t just “give” it to the other as a memento of the video shoot. They could have collectively donated more to the charity without breaking much of a sweat. Heck it wasn’t so long ago that Birdman gave his brother and Lil Wayne Rolls-Royce Ghost and Bentley Mulsanne respectively.

Nonetheless, Save the Children is probably grateful for whatever money it got, regardless of wasted potential. At least it still raised more than Justin Bieber‘s Hyundai Genesis, though even that is questionable considering the Hyundai sold for more than its original MSRP.

You can watch the music video after the break.

Continue Reading…

 |  Mar 04 2012, 5:13 PM

elton-john-jaguar-e-type-2.jpg

A 1965 Jaguar XKE 4.2L Series I Roadster that Sir Elton John formerly owned just fetched around $130,000 (£82,140) at a recent Oxford, England auction. The British roadster was purchased by Elton John back in 1987 before he sold it at an auction in 2001 alongside other vehicles he owned.

Even though it’s obvious that the Jaguar got the amount it did because it was once owned by the famous artist, it’s also hard to not admire how immaculate and beautiful it is. It was last restored back in 1979, so it’s almost a miracle what great condition it is after all these decades. The classic 1965 E-Type Jaguar has a 4.2L with 265-hp mated to a four-speed manual transmission.

GALLERY: Elton John’s Jaguar E-Type

elton-john-jaguar-e-type-1.jpgelton-john-jaguar-e-type-2.jpgelton-john-jaguar-e-type-3.jpgelton-john-jaguar-e-type-4.jpgelton-john-jaguar-e-type-5.jpg

[Source: Jalopnik]

 |  Feb 29 2012, 8:31 PM

ayrton-sennas-formula-1-race-helmet_100382039_l.jpg

Weeks ago, we mentioned Ayrton Senna’s original 1991 Championship season racing suit and racing helmet were placed for auction at the Race Retro Sale of the Silverstone Auction held in the UK.

Initial estimates for the rare racing memorabilia speculated a handsom $66,000 for the helmet and $31,000 for the suit.

Apparently, the figure wasn’t ambitious enough. By auction end, Senna’s helmet sold for $114,000, or nearly double the original estimate. Senna’s suit shattered the estimates as well, as final biding reached $53,000.
According to Race Retro Sale, the helmet and suit originally belonged to former McLaren Formula 1 Team Principal and current McLaren Executive Chairman Ron Dennis. Featuring the signature of the late racing legend as well as documents of authenticity, we aren’t surprised it commanded that final value.

GALLERY: Ayrton Senna Helmet and Racing Suit

ayrton-sennas-formula-1-race-helmet_100382039_l.jpgayrton-sennas-formula-1-racing-suit_100382040_l.jpg
[Source: Motor Authority]
 |  Feb 26 2012, 6:24 PM

Although Daimler has announced the discontinuation of the Maybach brand, young money ballers, shot-callers now have the opportunity to bid on what’s arguably the most notorious Maybach of all.

Starring in the Jay-Z and Kanye West “Otis” music video, the chopped “Mad Max” Maybach will be put on the block by auction house Phillips de Pury & Co. at the New York Contemporary Art Evening sale on March 8. All proceeds of the Maybach auction will be donated to Save the Children. Previously, this vehicle was also up for auction to benefit the victims of drought in East Africa.

Burning rubber in four-wheel drifts and spitting fire in the process, Rockafella’s insane whip is estimated to raise between $100,000 to $150,000. Considering Jay-Z and Kanye’s handiwork left us with half a car, it seems appropriate for its estimate to be half the value of a Maybach 57 when new.

Continue Reading…