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Car sales skid in January; Mini, VW and Volvo biggest losers

U.S. light-vehicle sales, dampened by lower fleet shipments and severe winter weather across large chunks of the country, fell 3 percent in January. Among the biggest automakers, Nissan Motor Co.

Porsche Cayman and Boxster GTS on the way

Porsche Cayman GTS and Boxster GTS variants are expected to be unveiled at the 2014 Beijing Motor Show this year, before the upgraded versions of the German firm’s two-seater coupe and convertible models go on sale in April. According to reports, development work on both cars is now almost complete, with both vehicles gaining a power increase and revised styling over existing Cayman and Boxster models (pictured). On Bing: see pictures of the Porsche Boxster GTSFind out how much a used Boxster costs on Auto Trader Porsche has used the ‘GTS’ tag before, for versions of its existing cars that provide a more focused driver experience and greater emphasis on involvement and handling, and which retain normally aspirated engines.

Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.