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P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

McLaren MP4-12C to start at about $230,000

The McLaren MP4-12C sports car will have a sticker price of between $230,000 and $250,000 when it goes on sale in the United States about a year from now. McLaren said on Wednesday that the sports car will be priced at 168,500 pounds (about $265,800) in the United Kingdom and at 200,000 euros (about $267,200) in Europe when it goes on sale in that region in early 2011. A final price for the U.S.

Hyundai Hexa Space concept

Hyundai debuted its Hexa Space concept at the Delhi Auto Expo, where its claimed this design revolutionizes the use of interior space. Externally, the Hexa Space evolves Hyundai's Fluidic Sculpture design language. While its lower body is reminiscent of last year's Curb concept, the more angular surface treatment marks a new direction for the brand.