The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in within a few dollars of last year's record numbers. Like all those who ply the trade as buyers or sellers, the market appears stronger at the top end and slightly softer in the middle.
High-end luxury carmaker Bentley has been hyping its upcoming sport utility vehicle
for many months now. Although the company has been keeping the key
details and design under wraps for the most part, Gizmag has come across
some spy shots of the car being tested in the field.
The Concorso d’Eleganza Villa d’Este and the accompanying Villa Erba auction put on yet another spectacular show at the weekend, with 11 cars selling for more than a million dollars, 34 of the 39 lots on offer sold, and an average sale price of $880,000 per car. While the auction was spectacular, the three day show across the adjacent villas was beyond spectacular in every respect, with the finest of Europe's vast automotive heritage on display.
A Bentley Continental GT Speed driven by actor Idris Elba has set a new British land speed record. The "Flying Mile" takes the average speed of a vehicle across two rolling-start runs of a mile (1.6 km) each. Elba achieved an average speed of 180.361 mph (290.263 km/h).