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Gary Cooper's 1935 Duesenberg SSJ fetches record price at Pebble Beach

The 1935 Duesenberg SSJ formerly owned by Gary Cooper sold for a jaw-dropping $22 million over the weekend at the Gooding & Co. Pebble Beach auction, setting a record for the most valuable pre-war car ever sold at auction. It also appears to have become the most expensive American collector car ever sold at auction, eclipsing the very first Shelby Cobra ever made, which sold for $13.75 million in 2016. The Duesenberg was also the lone American-made entrant in the list of top 10 sellers, which was crowded with the names Ferrari and Porsche. You have to go all the way down the list to No. 21 to find the next American car: a 1930 Packard 734 Speedster Phaeton, which sold for a mere $1.127 million. All told, Gooding & Co. said it realized more than $116.5 million in auction sales over the weekend, with a whopping 25 cars sold for north of $1 million, an 84 percent sales rate and an average transaction price of $947,174. Clearly this is how the other half 1 percent lives. Gooding & Co. said there were five world-record sales at the auction. Joining the Duesenberg were a 1955 Ferrari 500 Mondial Series II, which sold for $5.005 million; a 1958 Ferrari 250 GT Tour de France Berlinetta, $6.6 million; a 1967 Ferrari 330 GTC Speciale, $3.41 million; and a one-of-two 1966 Ferrari Dino Berlinetta GT, $3.08 million. Oh, and that 1969 Ford Bronco test vehicle we told you about? The one that was rebadged by Holman & Moody as a Bronco Hunter? It sold for $121,000, which was well below the expected range of $180,000 to $220,000. Perhaps it was the presence of all those gorgeous Porsche Spyders and Ferraris that meant collectors weren't interested in boxy, utilitarian off-roaders. View 24 Photos Gooding and Co. had expected the convertible Duesenberg coupe to go for more than $10 million. It was one of only two of its kind built by Duesenberg — the other having gone to Clark Gable — with a specially shortened, 125-inch wheelbase and a supercharged straight-eight with double overhead cams, able to produce around 400 horsepower and a top speed of 140 miles per hour. It features a lightweight open-roadster bobtail body produced by LaGrande out of Connersville, Ind. The car was also owned at one point by race driver Briggs Cunningham.

Porsche Panamera 4 E-Hybrid has 462 hp and 516 lb-ft of torque

Hybrids are for more than saving fuel, according to Porsche. To wit, the German automaker's upcoming 2018 Panamera 4 E-Hybrid boasts 462 horsepower and 516 pound-feet of torque courtesy of its 2.9-liter twin-turbo V6 (330 hp and 331 lb-ft) and electric motor (136 hp and 295 lb-ft). All that power is sent to all four wheels through an eight-speed PDK transmission, resulting in a 4.4-second 0-60 run and a top speed of 172 miles per hour. For those keeping track at home, those performance stats put the E-Hybrid a few ticks behind the 2017 Panamera 4S, which uses a more powerful version of the twin-turbo V6 engine to hit 60 in 4.0 seconds (with the optional Sport Chrono package). The payoff, though, is in efficiency. There's a maximum electric range of 31 miles with a fully charged battery, and the engine isn't needed until speeds top 86 mph. That means the majority of drivers won't need to use a drop of gas for most daily driving chores. The E-Hybrid ought to be pretty fun to drive, too. In the previous Panamera Hybrid, the accelerator pedal had to be pressed at least 80 percent of the way down to get maximum electric motivation. For the new version, every electric horse is available at all times. Coupled with the nature of turbocharged engines, we'd imagine there's going to be a lovely wave of torque at around-town speeds and on highway on-ramps. A liquid-cooled, 14.1-kWh, lithium-ion battery is located under the floor of the cargo area. It takes 12 hours to charge on a standard outlet, or as little as 3 hours with an optional high-speed charger. As with other Panamera models, most of the interior buttons have been replaced with touch-sensitive panels. E-Hybrid models get unique programming for the dual 7-inch displays in the dash and the 12.3-inch touchscreen atop the center stack that shows various power meters and driving tips to increase efficiency. Porsche's Sport Chrono Package comes standard on the Panamera E-Hybrid. In addition to the Sport and Sport Plus modes of the steering-wheel-mounted mode switch, there's an E-Power mode that relies solely on electricity, a Hybrid Auto mode for maximum gas/electric efficiency, an E-Hold setting that switches the car into gas-only mode to preserve the battery, and an E-Charge mode that forces the gas engine to keep the battery fully charged. If you want maximum performance, you'll want to keep the switch in Sport Plus. Expect the 2018 Porsche Panamera E-Hybrid to hit US showrooms this summer.

Porsche CEO Matthias Mueller throws hat back in ring for VW CEO job

Toward the end of February it got leaked that Porsche CEO Matthias Muller was being promoted to Volkswagen's supervisory board. Muller's credentials and his success over 36 years at the VW Group have, for observers, put his name in the pool of potential candidates to succeed current group CEO Martin Winterkorn when Winterkorn retires in two years. But the 61-year-old Muller told German newspaper Frankfurter Allgemeine Zeitung earlier in February, "It's no solution to put a 63-year-old at the head of Volkswagen," and the statement was taken to mean he wasn't considering the job. Muller now says the quote was misunderstood. In a report in Automotive News, the newly minted board member says he was commenting on what it would mean for the supervisory board and the Group if they nominated a 63-year-old to replace a 69-year-old - that it wouldn't result in a "generation change." However, if that's what they choose to do, Muller feels great: "I stand ready to take over any assignment," he said. Muller's name re-enters the candidacy pool, but we still have no idea who leads the running for the role and Winterkorn isn't saying a word. It could be three years before we know: Winterkorn's contract concludes at the end of next year but there is speculation he'll re-up for two years to see out the end of the Strategy 2018 initiative.