Piper True Airspeed Indicator on 2040-parts.com

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

BMW i3 ‘virtual test drive’ app (2013) CAR review

Though we’ve seen new the BMW i3 in full production trim, and had a ride in the carbonfibre electric city car, there’s still a short wait before anyone can get behind the wheel of a showroom-spec example in the UK – or is there? BMW has launched a smartphone and tablet app – ‘BMW i3: Become Electric’, which it claims allows users to virtually test drive the new i3 without so much as setting foot outside their front door, yet alone finding the time to head to a BMW dealership. It’s available now on the Apple App Store, and from 26 September 2013 on Google Play.

General Motors partners with battery supplier LG on electric vehicles

General Motors said Thursday that it is partnering with its battery cell supplier, LG Group, to develop electric vehicles. The agreement, signed Wednesday by GM CEO Dan Akerson and LG President Juno Cho, will “help GM expand the number and types of electric vehicles it makes and sells,” the automaker said in a statement. It's the second example this week of automakers looking for partners to help in developing more fuel-efficient cars, as U.S.