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Gooding's Pebble Beach auction tops $128 million in sales

While the million-dollar cars are now packed up for Monterey Car Week, the auction results keeping rolling in. Gooding & Co. set a two-day company record by moving over $128 million in beautiful classics during the event. Of the 115 lots that sold, three brought over $10 million, and 26 more went for over a million. In a surprise to no one, a Ferrari led the way when a 1961 250 GT SWB California Spider sold for $16.83 million. That was a new single-lot record for the auction house. In a close second place, a 250 GT SWB Berlinetta Speciale previously owned by famed auto designer Nuccio Bertone went for $16.5 million. Rounding out the top three, a 1982 Porsche 956 that won Le Mans in 1983 cleared $10.12 million. Porsche also grabbed fourth place with a 1960 RS60 going for $5.4 million, and rounding out the top five was a 1957 Ferrari 410 Superamerica Series II Coupe for $5.1 million. Check out the gallery above for a look at many of the beautiful vehicles in the sale. While the press release below lists the top sellers, you can check out the prices and info for all of the lots on Gooding's website, here. Gooding & Company's Two-Day Pebble Beach Auctions Realizes More Than $128 Million 3 cars sell above $10 million, 26 cars above $1 million New auction records broken for Ferrari and Porsche Pebble Beach, Calif. (August 17, 2015) – Gooding & Company, the official auction house of Pebble Beach Concours d'Elegance®, realized more than $128 million at its Pebble Beach Auctions this weekend, resulting in a two-day sales company record. During the two-day sale, the auction house sold 115 of 129 lots, an 89% sale rate and their highest ever average price of $1,113,896 per car. During the auction weekend, an impressive 26 cars sold over the $1 million mark including three vehicles over $10 million. World records were broken as new market standards were set for Ferrari and Porsche, including a 1961 Ferrari 250 GT SWB California Spider (sold for $16,830,000), 1962 Ferrari 250 GT SWB Berlinetta Speciale (sold for $16,500,000), Le Mans-winning 1982 Porsche 956 (sold for $10,120,000), 1960 Porsche RS60 (sold for $5,400,000), 1957 Ferrari 410 Superamerica Series II Coupe (sold for $5,087,500), and a 1988 Porsche 959 Komfort (sold for $1,732,500). David Gooding, President of Gooding & Company: "New bench marks were set and our company hit a new record for highest two-day sale.

Porsche CEO outlines Cayenne diesel US repair proposal

Porsche has announced a plan to fix the emissions issue on the Cayenne with the 3.0-liter diesel V6, and it includes a software update and the replacement of the catalytic converter on some early examples, according to Reuters. The company believes these repairs are enough to make the SUVs emissions compliant, but the automaker's proposal still needs approval from the Environmental Protection Agency and California Air Resources Board before it can implement a recall. This authorization could come by the end of January. Note that the proposed 3.0-liter TDI plan is separate from the 2.0-liter TDI fix that was rejected by CARB on Tuesday. There are around 13,000 Cayennes on the road that the company needs to repair. Models from 2013 and 2014 would require a new catalytic converter and a software update, but those from 2015 and 2016 would just need the new software. "The technical aspects have all been submitted, we will wait whether there will still be proposals for corrections by the Americans," Porsche CEO Oliver Blume said to Reuters. He wasn't sure how long the repair process would take, but suggested less than half of the affected examples would require the upgraded exhaust hardware. Blume indicated to Reuters that Audi actually created this repair plan. The EPA first issued a violation notice against the 3.0 TDI in early November and later broadened it to around 85,000 vehicles from the 2009-2016 model years, including diesel examples of the Cayenne, Volkswagen Touareg, Audi A6, A7, A8, Q5, and Q7. Audi later admitted the engine contained previously undisclosed auxiliary emission control devices. CARB gave the automaker 45 days to come up with a recall proposal to fix the 15,000 affected models in the state. Related Video:

Jaguar F-Type pitted against Porsche 911 Cabriolet by Tiff Needell

You knew it wouldn't take long and it looks like EVO is first onto YouTube with a battle between the 2014 Jaguar F-Type and the 2013 Porsche 911. Tiff Needell spends a few laps warming up the tires (read: drifting like mad) in each droptop before getting in a timed run to see who's champion and who's second best.
Before the bell rings, its the Porsche that's got everything to lose, the 50-year-old era-defining sportscar getting on with a 3.4-liter flat-six, 350 horsepower, a seven-speed manual and a 3,197-pound curb weight. Other sportscars, like the F-Type, continue to eye the 911 like a flag atop Everest that they plan to first touch, and then rip from its socket. The mid-trim Jaguar rolls into the contest with a 3.0-liter supercharged V6 with 380 hp, an eight-speed automatic with paddle shifters and a curb weight of 3,521 pounds.
The video below shows you what happens when you let all those numbers fight it out on the same stretch of curvy track. Check it out.