Millions of dollars of auto exotica went under the hammer this past weekend at a series of auctions taking place in Scottsdale, Arizona. Just some of the vehicles were the first very examples of the 2015 Ford Mustang GT and 2014 Chevrolet Camaro Z/28 as well as a wrecked Ferrari F40 that was restored by the guys at Gas Monkey Garage.

The 2015 Chevrolet Corvette Z06 has debuted a new eight-speed automatic developed in-house at General Motors. The new auto is said to be comparable with a dual-clutch design in shift times but smaller and lighter.

If the latest reports are to be believed, Porsche’s next 911 GT2 may be off the table. The reason given is that the all-wheel-drive 911 Turbo S is already offering the performance levels one expects of the GT2 and outmatching it may be difficult with drive only going to the rear wheels.

You'll find all of this and more in today's car news headlines from around the High Gear Media network, right here at Motor Authority.

First 2015 Ford Mustang GT Sells For $300,000 At Auction

GM 8-Speed In Corvette Z06 Shifts Faster Than Porsche PDK; Here's How

Has The Porsche 911 GT2 Reached The End Of Its Run?

Google Glass Driver Cleared Of Wrongdoing: This Is Why Distracted Driving Laws Won't Work

Season 21 Trailer Confirms New Top Gear On The Way: Video

Ford EcoSport Subcompact Crossover Coming To U.S., CEO Says

2016 Bentley SUV: Third Row, Plug-In Hybrid, W-12 Engine Part Of Plan

J.D. Power: Shoppers Think Of Chrysler, Ford, GM As High-Tech Innovators

Wrecked Ferrari F40 Restored On Fast N’ Loud Sells For $740k

Five Big Myths About Green Cars And Gas Mileage, Debunked

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