Tunnel Wear Strips 50" on 2040-parts.com

Gulf One Z06 tops $1 million at auction

An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first. The 1963 car sold for $1.05 million at the Kissimmee, Fla., event--doubling the price of a 1962 Mercedes 300 SL, which went for $525,000, not including the buyer’s premiums. The racer is based on a production Corvette Sting Ray.

'Jag-Landy deal in 2 weeks'

By Tim Pollard Motor Industry 06 March 2008 18:50 It was the story that never happened. Rival media reported that the Jaguar/Land Rover sale would be completed at the Geneva Motor Show earlier this week, but CAR Online spoke to executives close to the deal who said it wouldn’t be for another couple of weeks.‘We didn’t want to over-shadow the products at the show, but to be honest the deal just isn’t done yet,’ said our insider. He said the paperwork and epic detail required on a deal of this scale had created new delays – and revealed that the 4-5 March date had been leaked from the unions, not Ford or Tata.

Toyota hands over small-car development to its European unit

Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.