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.
 |  Jun 29 2013, 1:02 PM


As if a standard Lotus Esprit crossing the auction block isn’t rare enough, this one is a definite one-of-a-kind after starring in the James Bond 007 flick The Spy Who Loved Me.

Continue Reading…

 |  May 28 2013, 4:45 PM


A rare 1953 Ferrari 340/375 MM Berlinetta Competizione by Pininfarina was sold at a recent RM Auctions at Villa Erba for a cool $12.7 million (€9.856.000).

Continue Reading…

 |  Oct 28 2012, 10:01 AM

One of Britain’s most iconic vehicles, owned by one of its most iconic stars, will be heading to RM Auctions in London estimating to fetch an impressive $482,880 – $611,650 (ÂŁ300,000-ÂŁ380,000).

Continue Reading…

 |  Sep 11 2012, 3:22 PM

The oldest surviving car sold by Ford Motor Company will be heading to RM Auctions in Hershey, Pennsylvania on October 11th, 2012.

Continue Reading…

 |  Aug 06 2012, 4:32 PM

One of the rarest Porsches ever made will be heading to RM Auctions in Monterey on August 18th, and is estimated to fetch anywhere from $1.25 million to $1.4 million.

Continue Reading…

 |  Jul 18 2012, 1:32 PM

This year’s RM Auctions at Monterey is arguably going to be one of its best ever, as the most successful Chevy Corvette race car is now joining the the lot.

Continue Reading…

 |  Jul 11 2012, 8:02 PM

Heading to the 2012 RM Auctions at Monterey will be a rare opportunity to own an Audi R8 Le Mans Prototype race car.

Continue Reading…

 |  Jun 18 2012, 2:02 PM

A pair of highly coveted Ford GT40s will be heading to the Monterey RM Auctions event on August 17-18th, 2012, including the famous camera car used in Steve McQueen’s Le Mans film.

There’s no denying that the GT40 is one of the world’s most respected and legendary race vehicles ever created, but the 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car may be one of the world’s most famous vehicles ever. Raced extensively throughout 1968, the GT40 was then sold to Solar Productions in 1970 before utilized as a camera car in Le Mans. Since then, the car has gone on to several collectors and now it could be yours.

The other GT40 that will be auctioned off is a 1967 Mk I and is an authentic example of the first generation GT40 model. One of only 31 GT40 production road cars, it boasts a pearl white exterior contrasted by blue racing stripes. Amazingly there is only 4,749 miles on the odometer making it one of the world’s lowest mileage GT40s, if not the lowest. The 1967 GT40 has an estimated price of $2,300,000 to $2,700,000.

GALLERY: RM Auctions Ford GT40s


[Source: RM Auctions]

 |  May 12 2012, 4:00 PM

One of the most stunning classics that has ever been seen will be heading to RM Auctions in August at Monterey. 

Continue Reading…

 |  Apr 29 2012, 3:02 PM

The Lancia Stratos isn’t just one of the world’s rarest cars, but one with an iconic cult following like no other. In total, 492 Stratos are believed to have been built, with the majority of them being competition or Rally race cars.

The Stradale variant of the Stratos was built for the street, a requirement Lancia had to do for rally homologation. Lancia reported that 200 street cars were built in a 12 month period but it’s widely believed that no more than 140 actually made it off the factory assembly line for public consumption.

Regardless on how many are actually on the street today, the Stratos is undoubtedly rare and now one is heading to RM Auctions with an estimated price of $330,000 to $400,000. Powered by a 2.4-liter Ferrari V6 engine, the Stratos Stradale has 190-hp mated to a five-speed manual transmission. The rally-inspired street variant features Carrozzeria Bertone’s futuristic styling by Marcello Gandini, sporting dramatic and sharp body lines.

This particular example that is heading to RM Auctions was originally sold in 1976 to a gentleman in Austria before it was sold to its second owner in 1999. It has around 26,700 miles on the odometer, and was recently restored. Here’s your chance to get your hands on one of the most important sports cars of the 1970s.

GALLERY: 1976 Lancia Stratos Stradale


 |  Apr 16 2012, 7:31 AM

The world’s most exclusive Ferrari is heading to RM Auctions on May 12, and could be yours for an estimated price of $1.7 to $2.2 million.

Ferrari only produced 30 of its 860-hp FXX Evoluzione supercars and this particular example has only had one owner and has always been kept at the Ferrari factory’s Corse Clienti department. The 2006 FXX Evoluzione comes with a 6.3-liter V12 mated to a six-speed, paddle-shift F1-style transmission and is a must have for any die-hard Ferrari collector.

The second-generation Evoluzione is Ferrari’s most advanced GT car and weighs in at a scant 2,500 lbs. Combine that with 860-hp and you have a 0-60 mph time of just 2.8 seconds. Compared to the standard FXX, the Evoluzione model also sports a new rear diffuser and rear flaps, helping improve aerodynamic efficiency by 25 percent.

This car also features a stunning color combination of jet black with the infamous Italian ‘Tricolore’ on the front and rear of the car. The owner will also get a number of spare parts with the purchase.

You can watch a video on the Ferrari FXX Evoluzione below.

GALLERY: 2006 Ferrari FXX Evoluzione



Continue Reading…

 |  Apr 15 2012, 3:02 PM

RM Auctions will have a 2007 Peugeot 908 Le Mans race car up for auction on May 12 with an estimated selling price between $1.9 million and $2.4 million.

Powered by a 5.5-liter twin-turbocharged V12 engine, the legitimate race car has over 700-hp mated to a six-speed sequential manual paddle-shift gearbox. The chassis consists of a closed carbon fiber cockpit and this particular race car was actually the first 908 to win a race at Monza. The team also managed a second place finish at the NĂĽrburgring in Germany.

The race car would go on to win twice more, once at Silverstone and once at Interlagos. It is the first 908 ever to pass into private hands and is sold directly from PSA. The company agreed to provide the buyer with the required technical assistance for a period of three years, with the service provided at the current rate charged for Peugeot Sport technical assistance.

It is indeed a rare opportunity to own any race car, nevermind this number-2 Peugeot 908 Le Mans competitor. Whoever the lucky bidder is not only gets a great machine, but an important part of racing history.

GALLERY: 2007 Peugeot 908 Le Mans Race Car


 |  Mar 12 2012, 6:32 PM


The late Paul Newman will be remembered by automotive enthusiasts worldwide, though perhaps in varying ways by different people.

Whether it was being a friend and rival to Steve McQueen, or racing the 24 Hours of Le Mans in Barbour’s Porsche 935, or being the oldest driver at age 70 to be part of a winning team in a major sanctioned race, Newman paved a rich heritage of motorsports throughout his life.

And now the same 700-hp, 346-cubic inch V8-powered 2002 Chevrolet Corvette that Newman won his last SCCA race at Lime Rock in has fetched $275,000 at the RM Auctions in Amelia Island. The Corvette was just recently rebuilt, re-bodied and repainted, and numbered 83 for Newman’s age prior to the auction. It was originally built by Riley & Scott for Tom Gloy’s 2002 Trans Am season.

Newman’s list of accolades ran long, including 55 mainstream acting awards, winning an Academy Award for best actor in 1986 and being well-known for his “Newman’s Own” food company which donates all post-tax profits and royalties to charity. As of July 2011, those donations had exceeded $300-million.

GALLERY: Paul Newman’s 2002 Chevrolet Corvette Race Car


 |  Jan 16 2012, 3:45 PM


The Jaguar XJ220 is a rare collector’s item on its own, having only produced 350 units. But few are aware that Jaguar had produced a XJ220S variant with Tom Walkinshaw Racing in order to homologate their XJ220C race cars for competition. Only six XJ220S were ever created, and one of them is now heading to RM Auctions.

Powered by a 3.5L, twin-turbo V6 engine, this Jaguar XJ220S is estimated to have around 700-hp (has 680-hp stock) and is mated to a five-speed manual transmission. RM Auctions believes that this super-rare Jag will fetch anywhere from $225,000 to $300,000 and we wouldn’t doubt it for a minute.

The vehicle recently had a major mechanical overhaul and restoration, painstakingly repainted to match Lamborghini‘s Reventon Gray. Inside, the leather interior was completely refurbished and Infiniti projector headlights were also installed to help modernize the 1993 vehicle. Since the early 2000s, the owner has only added about 1,200-miles to the odometer, and just a few miles since everything was rebuilt and refinished.

The XJ220S weighs in at a scant 2,200-lbs thanks to an excessive use of carbon fiber for its bodywork – only the doors remain aluminum.

If you’ve been sitting on quite the savings account over your life and have really been searching for something rare, this may be the time to splurge.

GALLERY: Jaguar XJ220S Coupe


 |  Jan 16 2012, 11:15 AM


Originally owned by Lee Iococca, this Ferrari F40 is heading to RM Auctions with less than 300-miles on the odometer and could fetch anywhere from $650,000 to $750,000.

The iconic Ferrari supercar was built for Iacocca while he was the chief executive at Chrysler. The F40 was created to celebrate Ferrari’s 40th anniversary and was originally limited to just 400 units but popular demand caused Ferrari to expand production to 1,315 cars – only 213 ever made it to America. This particular F40 was the 94th of the 213 US-specification cars, produced in October 1990.

The Ferrari F40 features a 2.9L mid-mounted V8 engine with 471-bhp and weighs in at just 2,425-lbs. Back in the late 1980s, the F40 was tested to do 0-60 mph in just 3.9-seconds.

Included with the vehicle will be all the original documents including a “Built Especially for Lee Iacocca” card.

GALLERY: Lee Iacocca Ferrari F40


 |  Aug 22 2011, 1:15 PM


It’s quite surprising how the perceived value of an object skyrockets strictly based on its previous owner. This classic 1970 Porsche 911S with 112,000 miles on the odometer sold on Friday night in Monterey for $1.2 million thanks to the fact that it used to belong to Steve McQueen and was used in the opening scenes of LeMans. It is also the 200th vehicle RM has auctioned off for over $1 million.

Bidding for the classic Porsche started at $200,000 and made it to $1 million almost instantly before it started to become a battle between the subsequent buyer and a determined overseas bidder. The only thing we know about the winning bidder is that they are from the United States so hopefully the Porsche remains a classic display vehicle somewhere here in someone’s collection and makes a return to Monterey one year to show off to the world.

GALLERY: Steve McQueen’s 1970 Porsche 911S

01-steve-mcqueen-porsche-911s-rm.jpg 02-steve-mcqueen-porsche-911s-rm.jpg 03-steve-mcqueen-porsche-911s-rm.jpg 05-steve-mcqueen-porsche-911s-rm.jpg 06-steve-mcqueen-porsche-911s-rm.jpg 07-steve-mcqueen-porsche-911s-rm.jpg

[Source: Autoblog]

 |  Aug 08 2011, 5:00 PM

Have you ever gone to an auto show and fell in love with a concept car? Yes, we have too, so no need to feel embarrassed.

However, if you have the means, you can possibly own two concept cars shown by Ford in the last decade. We are talking about the 2001 Ford Thunderbird Sports Roadster Concept and the 2004 Ford Shelby GR-1 Concept.

Both these vehicles will be presented by RM Auctions at their upcoming event held in Monterey, CA. on August 19th.

Proceeds from the sale will go towards the Juvenile Diabetes Research Foundation, a charity Ford has supported over the years.

As for the cars, while the Thunderbird Sports Roadster concept is a functioning vehicle, the Shelby GR-1 is just a rolling platform. While the GR-1 cannot be driven, we think its still better than buying an ancient oil painting.

RM Auctions predicts the Thunderbird Sports Roadster concept will fetch between $125,000 – $175,000, while the beautiful Shelby GR-1 will get between $150,000 – $200,000.

This auction is part of the annual Pebble Beach Concours event which attracts the worlds rarest cars and also some of the world’s wealthiest people. It truly is an auto show like no other.

GALLERY: Shelby GR-1 Concept


[Source: Art Daily]

 |  Jul 22 2011, 11:45 AM

What does the Shah of Iran, Ava Gardner, Stirling Moss and Tony Curtis have in common? They all had a FACEL Vega FV4 Typhoon coupe.

Now you can bid to have your very own at the RM Auctions event on July 30th. The event will take place at The Inn at St. John’s, in Plymouth, MI.

A car like the Facel Vega would struggle to exist in today’s market, but in the post-WWII era, regulations were fast and loose and the auto industry was seen as a way to kickstart Europe’s struggling economy.

One such example was FACEL (Forges et Ateliers de Construction d’Eure et de Loire S.A.). FACEL was a manufacturer for pretty much everything in postwar France, and among the things they made were car bodies for different manufacturers like Bentley, Delahaye, Panhard and Simca.

When Panhard canceled its order, FACEL’s CEO Jean Danino decided to make up for the slack by building his own car. The car was to have its own unique body and chassis, but power came from the Chrysler 354 cubic-inch, “Firepower Hemi” V8 motor. This four-barrel carbureted engine was capable of producing 325-hp. Power was sent to the back wheels via a Chrysler three-speed torque-flite transmission.

The end result was a luxurious coupe called the FACEL Vega FV4 Typhoon, a car that won much praise for its styling and performance in its day. The car being auctions next week is a 1958 example, finished in silver over red. The seller describes the car as “not show quality but certainly very attractive.”

Only 3000 Vega FV4 coupes were made, so it will always be a rare and interesting piece of automotive history. RM predicts this car will go for about $80 – 100,000.

[Source: RM Auctions]

 |  Jul 20 2011, 5:01 PM

A 1939 Pontiac Deluxe Six often referred to as the Ghost Car is to be auctioned July 30 at the RM Auctions St John’s sale in Plymouth, Michigan. This unusual car’s exterior is made of Plexiglas body panels making it transparent. Plexiglas was a relatively new material in 1939, and supplier Rohm & Hass replicated each of the car’s body panels by hand.

Interior structural metal parts were copper washed and other parts including the dashboard  were chrome plated. Rubber moldings and tires were manufactured in white, adding to the cars ghostly appearance. The ghost car featured an 85-hp six cylinder engine coupled to a three-speed manual transmission, has four-wheel drum brakes and the odometer reads 86 miles. In 1939 the Pontiac Deluxe Six cost $25,000, which is $397,000 when adjusted for inflation. The pre- auction estimate is somewhere between $275,000 and $475,000.

GALLERY: 1939 Pontiac Deluxe Six


[Source: Wall Street Journal]

 |  May 19 2011, 8:13 AM

This very special 1957 four-cylinder Ferrari 500 is one of the latest additions to the RM Auctions docket at the upcoming Concorso d’Eleganza Villa d’Este where the car is expected to fetch between $3.5 to $4.5 million.

This Ferrari 500 TRC (Testa Rossa Type-C) Spider was the first Ferrari to bear the Testa Rossa name for its red valve covers. Only 19 TRC’s were built and this particular example – chassis number 0670 MDTR – was the sixth vehicle made. These TRC Ferraris, are more rare than the more powerful 12-cylinder 250 TR as well as the infamous 250 GTO which are notorious for selling into the multi millions.


 |  May 08 2011, 4:08 PM

Ever wondered what the Chevrolet Corvair might have looked like if the Italian’s had designed it? The answer would have looked like the Testudo concept.

Designed by a young Giorgetto Giugiaro at Bertone, the car was first revealed at the 1963 Geneva Motor Show. Its styling shows that many car companies took notice and incorporated some of its design language into their future models.

The Testudo – Italian for turtle, was based on the humble underpinnings of the Corvair Monza, so while it may look like it is doing 200 mph standing still, in reality, its 2.4-liter air-cooled, flat-six only developed 81-hp. So speed was not its forte, but it can probably handle quite well thanks to its fully independent suspension setup that featured telescopic dampers and anti-roll bars.

This one-off prototype is fully functional. Giugiaro once even used the car to pick up his wife, Maria Teresa, from Fiat, where she worked in their design studio. He recounts being swarmed by the employees, most of whom missed their trains home because they were admiring the car.

The Testudo however was badly damaged while filming a promotional film for Shell, and resulted in the car just sitting in Bertone’s warehouse for decades. The car was thankfully restored in the ’90s when designer Luciano d’Ambrosio joined the firm. The car made its first public appearance in 30-years when it showed up at the 1996 Pebble Beach Concours event.

The car is now on sale and will be presented by RM Auctions at the Villa d’Este Concours event on May 21. It is predicted to pull in about $1-million. We will have to wait until the event to find out what it finally changed hands for.

[Source: RM Auctions]

 |  May 07 2011, 7:09 AM

A very rare 1965 Ford GT40 prototype is being featured at RM Auctions and is to be sold May 21st. The GT40 is just one of five roadsters that were built.

This particular model, the GT/111, entered into the Targa Florio rally where it had numerous engine problems. Its 4.7-liter V8 was only firing on seven cylinders and it had the misfortune of crashing on its last lap. After its debut, the protoptype was transported back to England where it was stripped down and forgotten. Eventually the car was restored and RM Auctions is expecting to fetch $3.6- $4.3 million at the auction!


 |  Mar 15 2011, 9:52 AM

It’s amazing what some people will pay for vintage Ferraris. Take the case of a 1952 340 Mexico, chassis number 0224 AT. Previously owned by Larry Nicklin, it was a star attraction at the RM Amelia Island Auction on March 12.

Pre-estimates had this car going for between $2,750,000 to $3.500,000, but when the gavel went down for the final time, the price was listed at a staggering $4,290,000!

Other top sellers at the Auction included a 1930 Alfa Romeo 6C 1750 ($990,000); a 1933 Dusenberg Model J Torpedo Victoria ($979,000); a 1930 Dusenberg Model J convertible coupe ($962,500); a 1968 Ferrari 275 GTB/4 Berlinetta ($935,000) a rough looking 1953 Ferrari 212 Inter ($660,000) and a pair of Mercedes SLs; a 1961 roadster and a 1955 gullwing coupe, both of which went for $627,000.

RM says this year’s Amelia Island event delivered record sales – some $24.3 million and looking at the vehicles mentioned above it isn’t easy to see why. It’s sometimes fascinating to see what lengths some people will go to when looking to buy a particular classic car.

 |  Mar 11 2011, 9:38 AM

If you’ve seen Le Mans, you’ll remember the opening sequence with a lovely slate-grey Porsche 911 that Steve McQueen drives through the countryside. Now, here’s the chance to own that same car.

McQueen liked the 1970 Porsche 911S so much that he bought it after the movie was completed and shipped it to California, where he added it to his personal collection alongside his Jaguar XKSS, Ferrari 250GTL, and various motorcycles. This model was fully-equipped from the factory, including air conditioning, leather seats and a radio.

And after a few owners it’s hitting the block at RM Auctions, where it will be featured at the Monterey auction on August 19th. Like anything even vaguely McQueen-related, it’ll go for big bucks, so you’ve got five months to start scraping the change from under the couch cushions.