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Seven-figure cars highlight day one of RM's Monterey auction

RM Auctions is one of several houses holding auctions during the Monterey weekend, and Friday night's festivities got quite pricey. Seven-figure vehicles were not at all uncommon during the first day of the two-day event, with the 1953 Ferrari 375 MM Spider, seen above, crossing the block for $9,075,000.
Other big earners included a pair of rare Ferraris, a 1950 166 MM Barchetta and a 1955 750 Monza Spider, which took $3,080,000 and $4,070,000, respectively. Outside of the red Italians, a 1939 Mercedes-Benz 540K Special captured $7,480,000 while a stunning, color-appropriate 1955 Jaguar D-Type took $3,850,000. We've got images of these vehicles, and a few other stunning examples of last night's auction, in the gallery above.
Thought it seems impossible, tonight's auction is expected to see even more high-dollar action. The winner of the 2012 Pebble Beach Concours, a 1928 Mercedes-Benz 680S Torpedo Roadster is expected to command over $10 million. Also crossing the block will be a car we reported on a few weeks back - a supremely rare 1967 Ferrari 275 GTB/4 NART Spyder. One of only 10 in the world, it's expected to take anywhere from $14 to $17 million when it hits the stage tonight.

2016 Jaguar XE is ready to stalk the competition

The XE wears some of the best styling elements from Jaguar's current litter.
Big sedans and sports cars. Jaguar has been known for those two things since the company's name was birthed in 1945. Stylish saloons like the Mark 2 and performance machines like the E-Type make up the brand's heritage, but the compact sedan market is one where the British marque has lacked great product.

Wacky Jaguar crossover mule is a mind-blowing mashup

As Jaguar prepares to introduce its first-ever utility vehicle, our spy shooters have captured this jacked-up XF mule out testing. While a production Jaguar crossover will surely resemble something closer to the recent C-X17 Concept, we can't help but think that the automaker could sell at least a few of these lifted, four-wheel-drive sedans.
Other than proving that Jaguar is hard at work developing this new model using a cobbled-together body, there are some details we can put together about this luxury CUV. For one it's about the same length as an XF, while the ride height is obviously taller and the tire track wider. We're not sure what the rig on top of this mule is for, but the whole car has us reminiscing about the old sedan versions of the Subaru Outback and the AMC Eagle (with a luxury spin, of course).