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Fisker about to be bought by Volvo’s Chinese owner Geely?

It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.

Stop buying new cars says government adviser

People should stop buying new cars and drive their old ones until they’re beyond repair, says a top government adviser. This news, reported by the Daily Telegraph, comes a day after we reported that new cars sales figures have hit a six-year high. On Bing: see pictures of scrap cars Find out how much a car over 10-years-old costs on Auto Trader Chief scientific adviser to the government’s energy department, David MacKay, said “car manufacturers love us to buy a new car every few years” and that Britain needs to end its throw away culture.

£127k McLaren MP4-12C tops the bill at BCA Auction

A host of luxury and performance cars went under the hammer at the BCA Blackbushe Top Car Auction this week, including a McLaren MP4-12C and a nearly-new Jaguar F-Type. BCA said, "the high-end prestige and sports car market has a strong following with buyers and we have seen lots of interest in high value vehicles during 2013, with bidders prepared to invest six-figure sums for the right vehicle." Judging by some of the prices realised, there are still bargains to be found... Please click the image above to read more about the BCA Blackbushe Top Car Auction