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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.
 |  Nov 01 2011, 4:16 PM

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Amid the rally cars, modified Impreza STi hatchbacks and performance parts in Subaru’s booth was a bit of 1980′s nostalgia, a perfectly restored 1986 Subaru XT Turbo.

At the time of the XT’s introduction, the car was the most aerodynamic on the road, with a 0.29 drag coefficient. A turbocharged flat-four, all-wheel drive, a hydropneumatic suspension and awesome period graphics are just some of the neat features from a couple decades ago. The XT has been largely forgotten by car lovers, but Subaru and Drive magazine lovingly restored this example back to showroom condition.

Since so many parts were discontinued or unavailable, the team had to restore things like fasteners and bolts, which had been worn away by a couple decades of neglect. No word on what Subaru plans to do with this automotive relic, but it’s almost too good for anything but a museum.

Check out AutoGuide’s SEMA coverage here

Gallery: Subaru XT Restoration

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 |  Oct 28 2011, 12:45 PM

The glory days of the muscle car era may be long over, but die-hard fans of V8 powered American iron don’t have to spend countless hours restoring oxidized hulks of decades-old metal anymore.

Ford will be showing off a brand new ’65 Mustang bodyshell – yes you read that right – at the 2011 SEMA Show starting Monday, October 31st. Dynacorn International, an independent contractor used by Ford to stamp body shells, also creates brand new bodies for Ford Mustangs Chevrolet Camaro and Chevelle models as well as Dodge Challenger and Chevrolet Pickups.

With the new bodyshell (which costs around $15,000) and Ford’s authorized parts dealer network, one could basically build an all-new vintage Mustang, configured as an original 1964.5, a 1965 or 1966 model. Such a car would be subject to various kit car laws, and would have to be assigned a special VIN number by one’s local government, but for the hobbyist that wants the absolute best muscle car going, there’s really no better option.

[Source: New York Times]

 |  Jun 28 2011, 11:18 PM

The Barrett-Jackson auctions are famous for selling rare exotic cars for hundreds of thousands of dollars. Usually the cars that command the highest prices are limited production Ferrari’s, Lamborghini’s and Aston Martin’s.

At the Orange County auction, a 1970 Dodge Hemi Challenger sold for $215,600, and a 1964 Rolls-Royce Silver Cloud III James Young sedan sold for $159,500. However the car of the weekend was a 1963 Volkswagen Samba Microbus that sold for a whopping $217,800.

This particular model was the top-of-the-line first generation bus made for Alpine touring. It has been restored to “much-better-than-new condition”, which helps to explain why it sold for such an obscene amount of money and is powered by a 1.5-liter four-cylinder engine and a manual transmission. The exterior is painted Mouse Grey with touches of red trim. The interior features a German mohair headliner, original latches, restored ashtrays and luggage rails, as well as the original radio.

[Source: Autoblog]

 |  Mar 23 2011, 11:30 AM

Famed auction house Bonhams will offer up a Ferrari driven by Formula 1 World Champion Jenson Button, but the car for sale isn’t one of the contemporary mega-buck supercars, but a more archaic model that has never attracted much fanfare from the Ferraristi.

Button’s ride, a 1978 Ferrari 512BB, is a model known mostly to enthusiasts, and pre-dates the iconic Testarossa and was never sold officially in North America. While Button purchased the car with 49,100 miles on the clock, he only drove the car a further 155 miles, lending credence to his claim that “my F1 commitments will not enable me to enjoy the car to its fullest.”

Bonhams claims that the car has had $154,000 worth of mechanical work throughout its lifetime – pretty big numbers for a car that’s only expected to sell for $179,000.

[Source: New York Times]

 |  Jan 04 2011, 10:26 PM

Looking for a used car with an interesting previous owner? Have we got the car for you. No we aren’t talking about a DeTomaso Pantera owned by Elvis Presley or a MG SV-R owned by Rowan Atkinson, but instead about the current Iranian President Mahmoud Ahmadinajad, who is selling his 1977 Peugeot 504.

The outspoken Iranian leader however is not selling his car to help pay his personal bills, he is auctioning the car through Iran’s Central Bank to help build housing for the poor and disabled. (What a nice guy, hungh?)

The bidding war started back in November, but will remain open throughout the month of January. The highest bid so far is from an anonymous buyer, who has bid $1-million for it. That is rather steep for a car that would normally fetch around $2,000 at best.

[Source: NY Times]

 |  Dec 29 2010, 5:14 PM

If you’re a regular reader of AutoGuide, you’ll know that we’re big fans of the Range Rover Evoque. It looks better in person than it does in pictures, and the car-based chassis, coupled with an EcoBoost 4-banger is just right for 99% of Range Rover customers and their urban driving.

But there would be no 2-door Evoque if it weren’t for the grandaddy of the brand, the original Range Rover. Before 1981, all Range Rovers were two-door vehicle, with spartan interior and a Buick-derived V8, a far cry from the lush, four-door, BMW and Jaguar powered versions that exist today.

Bring A Trailer, one of the best classic car sites on the internet, found this example being sold in New Hampshire for $6500. This one is only for the brave, but it’s likely more reliable than the current crop of Ranges, and will certainly stand out from the nouveau riche crowd that pilots them. Did we mention it’s a manual?

[Source: Bring A Trailer]

Get more Range Rover Evoque News and Reviews at RREvoqueForum.com

 |  Nov 19 2010, 4:07 PM

Mercedes-Benz‘s sociopath AMG sedans like the C63 AMG weren’t just created out of thin air. Although they’ve recently faced stiff competition from BMW’s M lineup and the Audi S/RS cars, a couple decades ago, the three pointed star was your only option if you wanted a car with four doors that could absolutely annihilate anything with four wheels.

Even in 1987, an AMG Hammer would set you back the outrageous sum of $187,000, $53,000 more than what an S63 AMG retails for today, and a little under $400,000 when adjusted for inflation. The Hammer was also a bit of a Frankenstein car – buyers would have to purchase a $39,000 300E and have it retrofitted by AMG to Hammer specifications, and there were varying degrees of intensity, ranging from “having a bad day” to the example you see here, which can be classified as “cold blooded axe-murderer”.

For $17,000, AMG would replace the 300E’s staid six-cylinder engine with a modified 5.6L V8 from a 560SEC, with 32 valve heads and twin camshafts. The car above has the $40,000 6.0L conversion package, as well as a Torsen LSD, and an AMG suspension, bodykit and wheels. That added another $14,000, plus $18,000 in labor charges. bringing the grand total to $187,000.

The Hammer is currently on Ebay and is going for roughly $20,000, or a little over 10% of its original sticker price. That’s still a lot for a 23 year old Mercedes, but remember, this car would eat Countaches alive when it was introduced. Besides, the AMG bodykit is so 80′s it hurts. All you need is an 8-ball, a Motorola car phone and a white Hugo Boss suit to complete what car collectors would call the “period correct look”.

[Source: Bring A Trailer]

 |  Sep 08 2010, 12:03 PM

Elvis Presley might be associated with Cadillacs in the public’s mind, but the superstar singer had a little-known affinity for German cars. Among his purchases were an ultra-rare BMW 507 roadster and this Mercedes-Benz 600 sedan, regarded as the zenith of Mercedes cars.

The car is expected to go for between $230,000-$310,000 but it wouldn’t be surprising to see it far exceed estimates. It wasn’t that long ago that an unrestored 600 Pullman limo, in unrestored condition, went for $475,000 at auction. With the provenance of this car, and the seemingly excellent condition its in, look for this car to make the pages of a classic car buff book detailing what made it go for such an astronomical price.

[Source: New York Times]

 |  Jun 22 2010, 3:46 PM

We normally try and stay away from “Cool Ebay Listings” or things of that nature, but this is a truly historic listing that you won’t see again for quite some time. Bring A Trailer, possibly the best resource for classic cars online, has an all-original, left-hand driver Toyota 2000GT up for sale.

One of only 62 2000GT’s imported into the United States (out of a total of 337 produced) this car is painted its original Beatrix Yellow and has roughly 61,000 miles on the odometer. The price? A cool $375,000, about the same as a Lexus LFA.

The LFA and the upcoming FT-86 have are the center of attention right now, but take a minute to appreciate the timeless beauty of the 2000GT. This car could very well end up being the Japanese classic car to own, and it wouldn’t be a surprise to see a 2000GT become the first Japanese car to turn up at Pebble Beach.

[Photo and Source: Bring A Trailer]

 |  May 13 2010, 5:47 PM

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On the heels of the Bugatti Type 57 that sold for “$30-40 Million” (hey, what differences does a mere $10 million make) a Ferrari 250 GTO, a car regarding as one of the greatest sports cars of all time, has just sold for $25 million.

The car, sold by RM Auctions, is one of 39 ever made, is powered by a V12 engine that puts out 302 horsepower and scoots to 60 mph in 5.4 seconds is good for 174 mph – incredible numbers for 1963 and still decent today. The styling is simply iconic, perhaps the most recognizable vintage Ferrari ever.

Max Girardo of R.M. Auctions had this to say about the sale of such a historic machine. “The exclusivity of Ferrari’s 250 GTO cannot be understated. As they rarely come to market, new owners become part of a very exclusive ‘club’ and are welcomed with open arms at literally any of the world’s great concours events, races, and rallies. We are pleased to have been able to unite this exceptional car with a new and immensely enthusiastic owner. It’s fantastic that this car will now be used in earnest on the classic car scene around Europe.”

[Source: TopSpeed]

 |  May 05 2010, 11:04 AM

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You can be as baller as you want with a Bugatti Veyron, but there’s always someone else out there who will outdo you. In this case, it’s the Mullin Automotive Museum, who just purchased a Bugatti Atlantic Type 57SC for an enormous sum, between $30-$40 million. This easily bests the previous record holder, a 1961 Ferrari 250GT California Spyder, formerly owned by Hollywood actor James Coburn, which sold for roughly $12 million.

Of the four Atlantics built, only two have survived, with the other belonging to the car collection of fashion designer Ralph Lauren. In an interview with the Wall Street Journal, Leslie Kendall, the curator of the Petersen Automotive Museum in Los Angeles said that the sale is a milestone for the collector car market.

“People will start paying attention,” she said. “It’s should be obvious that there are connoisseurs out there who appreciate cars just as much as they do art, fine wine, furniture and sculpture.”

[Source: The Wall Street Journal]