1964 Chevelle Neutral Safety Switch Console Nos In Box Gm 1993658 on 2040-parts.com

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

This day in Autoweek history: The 1976 Chevrolet Chevette

Today in Autoweek history, we look back to the week of September 20, 1975, when Corey Farley gave us a look at the new 1976 Chevrolet Chevette. The B-segment (for 1976, anyway) newcomer weighed in at a scant 1,998 pounds and carried an equally lightweight MSRP of $2,899. Farley described how the Chevette handled some of the rigors of testing, which included hauling four journalists and their camera equipment around the Black Lake testing facility in Milford, Mich.

Electric wire eases closing of Corvette Stingray hatch

A single piece of wire makes closing the hatch on the 2014 Chevrolet Corvette Stingray easier. Tucked behind the rear fascia, the alloy wire changes shape when an electric current heats it up. The wire returns to its previous shape when it cools.