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Auto sales top 14.4 million in 2012

U.S. light-vehicle sales--led by Volkswagen, BMW and Honda--jumped 9 percent in December, pushing the seasonally adjusted sales rate above 15.3 million for the second consecutive month and helping the industry finish 2012 on a high note. Automakers sold 14.49 million light vehicles in the U.S.

New Honda NSX: Time to raid the piggy-bank as the order book opens in the UK

The new NSX got its first outing at the Detroit Auto Show in 2012 and is being developed by Honda in the US with the aim of producing a ‘green’ supercar with advanced environmental performance without sacrificing on-road performance. The 2015 NSX will not only be designed in the US, but built there too The new NSX gets a mid-mounted direct-injection V6 which drives power through Honda’s Sport hybrid SH-AWD system with 2 electric motors that can apply positive or negative torque to the front wheels during cornering which, say Honda, will deliver handling unmatched by other all-wheel-drive systems. Phil Crossman, Honda’s UK MD, said: We are really pleased with the interest we’ve already seen for the new NSX. We are still two years away from the launch of the car and yet we’ve received over 20 deposits and that’s before we’ve even announced prices or seen the final production car.

1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?