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Bruce Weiner Micro Car auction: Day 1 wrap

Yesterday's strong bidding left many attendees in disbelief. As the gavel fell on a 1959 Goggomobil TL-400 Transporter Pickup for the top pre-auction estimate of $125,000, anyone who had dismissed RM's estimates as optimistic was reappraising the situation. Several people have brought up the legendary $112,000 sale of an Amphicar at Barrett-Jackson's Scottsdale sale in 2006.

Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

First Sight: Volvo Concept You

Volvo today revealed its Concept You at the 2011 Frankfurt motor show, as the company continues to evolve its luxury car range. The latest evolution of the Concept Universe, first unveiled at Shanghai earlier this year, showcases the technology and craftsmanship that Volvo will be using in its future line-up, including smart pad technology and a touch-control cockpit. The emphasis on technology reflects the importance of infotainment in current society and immerses the driver to give them complete control and mobile connectivity.