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RM Monaco sale tallies $43,410,615

RM Auctions sold 87 percent of the lots it offered at its Monaco sale held last weekend at the Grimaldi Forum. The result was $43,410,615 in total sales, with six lots bringing more than $2 million and 10 lots bringing more than $1 million. A 1957 Ferrari 625 TRC Spider drew the biggest bid, selling for $6,469,848.

U-Haul adds green rides to car-share program

U-Haul has made moving simpler for many Americans, and its car-sharing program is cutting rates and adding more environmentally friendly rides in an effort to win over consumers. Called U Car Share, the program is adding the Toyota Prius, the Ford Focus, the Toyota Yaris, the Mini Cooper and the Ford Escape hybrid to its fleet. The registration fee is being slashed from $50 to $25, and members of other car-sharing organizations can have the member fee waived.

Toyota sets electric car record at Nurburgring with TMG EV P001

Toyota TMG EV P001 - new EV lap record at the Nurburgring Every car maker wants a lap record at the Nurburgring, and Toyota is no different. What is different this time is that Toyota has taken a non-production car with an electric motor – the Toyota TMG EV P001 – to crack the record for an EV. Nurburgring regular Jochen Krumbach took the Toyota Motorsport EV P001 round the 20.8km Nürburgring Nordschleife circuit in a blistering 7m 47.794s, annihilating the previous record of 9m 1.388s.