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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.
 |  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.

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 |  Jan 24 2011, 11:58 AM

In a somewhat rare occurrence these days, publicity hungry General Motors, actually surprised everybody by unveiling a new Chevrolet Camaro SS Convertible Indianapolis Pace Car at Barrett-Jackson’s Westworld Auction in Scottsdale, Arizona last week.

To top it off, the very first of these 50 cars, (production of the rest isn’t scheduled to start until next month), was auctioned off for charity this past Saturday on behalf of the David Foster Foundation. Foster is a Grammy award winning music producer and songwriter whose foundation supports families with children in need of life saving organ transplants.

As part of the deal, the winning bidder will take delivery of the car at the track on Memorial Day weekend and will also be allowed to actually drive their latest toy during the parade laps of the actual race. Bear in mind this Camaro is a festival car, not the actual pacer, but still, what a chance of a lifetime.

What makes this aspect even more special is that this year marks the 100th anniversary of the Indianapolis Motor Speedway, the first race was run way back in 1911.

Bidding stalled out at $225,000 for this particular Camaro, but still; a Deuce and a Quarter grand is still a nice chunk of change to help families and kids in need.

A couple of interesting points – although the Camaro convertible is being listed as a 2012 model by GM, this particular car was categorized as a 2011 at B-J, perhaps as a nod to enhance it’s one-off status, ahead of the other 49 replicas. In addition, while the new Camaro close mimicks the ’69 version, the color isn’t an exact match, the stripes are a dark shade of orange and the color is Summit white, as opposed to Dover white on the original. The new one also doesn’t come with a Houndstooth interior, but still; it’s a very neat car.

 |  Nov 29 2010, 3:41 PM

Back in 1993, Steve Saleen built a one-off Foxbody Ford Mustang for comedian and car guy Tim Allen. Dubbed the RRR ‘Casper’ it sported pearl white paint, MN12 Thunderbird front light assemblies, some trick wheels, a built driveline (including  a 576 horsepower 302 V8) and a six-point roll cage among other things.

Little has been seen or heard about the car since Allen took delivery, though now, it’s popped up for sale. The current vendor claims they’ve had the car since 1997, but it appears that this one-of-a-kind Mustang has been driven rather extensively (there’s notable wear on the steering wheel and upholstery) and wasn’t even cleaned before pictures were taken. Furthermore, it’s currently sporting standard 1993 Saleen wheels – what ever happened to the one-off phone dial style rims it originally came with?

The car is currently located in the Phoenix, Arizona area and the asking price is $85,000. That seems an awful lot for a Fox Mustang in this economic climate, even if is the RRR!

[Source: Hemmings Motor News]

 |  Jun 01 2010, 2:24 PM

Kruse Inc., recognized as one of the pioneers in the field of collector and special interest car auctions, has had its licenses revoked in its home state. The Indiana Auctioneer Commission, recently ruled to take away both Kruse’s auctions that have allowed it to operate in the Hoosier state. To add further insult to injury, the auction house will not be able to re-apply for new licenses for at least another seven years.

Dean Kruse, president of the Auction house, has also  had his own license suspended indefinitely and both he and his company have been fined $70,000.

This comes on the heals of reported financial troubles at Kruse Inc., which were first noticed last year, when a number of consignors (vehicle sellers), reported that they weren’t getting paid and that the buyers weren’t getting the cars they’d purchased. An official statement from Kruse himself last year mentioned that the auction house had been affected by the economic downturn.

Kruse Inc. is perhaps best known for selling the famous William Harrah car collection over the course of three separate auctions which brought over $41 million, including a 1934 Dusenberg which was bought for cool $1 million in cash. However, with the suspension of licenses it’s unclear what the immediate future might bring for the auction house, though it is reported that Dean Kruse is in talks to repay the money owed and apply for re-instatement of licenses, under specific turns and conditions laid out by the Commission.

[Source: Autoweek]

 |  May 11 2010, 4:13 PM

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Auto enthusiasts and the government have a tenuous relationship at best. Whether its anti-speeding laws, legislation restricting vehicle mods or mandating the dreaded “smog tests” that usually take beloved older vehicles off the road. Fortunately, the government sometimes lends a hand to enthusiasts of older cars, by giving them protection under the “Historic Vehicle” category, or more symbolic measures, like the U.S. Senate’s declaration of July 9th as “Collector Car Appreciation Day.” According to SEMA’s press release, Collector Car Appreciation Day is intended to “raise awareness of the vital role automotive restoration and collection plays in American society,” which sounds just fine to us.

Ideally, July 9th would see the United States turn back the clock to the days of American Graffiti, where street racing was considered weekend entertainment and the cops would help block off the streets, burnouts weren’t considered “noise pollution” and cars weren’t a source of scorn and demonization, but we have a better chance of Al Gore giving up his private jet and opulent lifestyle before any of the above happens.

[Source: Japanese Nostalgic Car]

[Image: Jim Bauer for Bulgogi Brothers]

Hit the jump to read the official news release.

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