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Top Gear: John Prescott, Jaguar XJ, Porsche 959 Ferrari F40 & Moon Buggy

John Prescott is this week's SIARPC on Top Gear That’s it, then. The end of Top Gear ’til later in the year, so the Sky+ won’t have much work on a Sunday until F1 returns in four weeks time. Tonight the Beeb are chuffed to have bagged John Prescott to be this week’s Star in a reasonably priced car and spar with Jeremy.

Ford Fiesta Zetec S Red and Black Editions (2014) unveiled

By Tim Pollard First Official Pictures 18 June 2014 10:07 Ford has a bold claim for its newly invigorated Fiesta Zetec S Red and Black Editions: they have a greater specific power output than a Bugatti Veyron! The downsizing trend continues apace and the new warm-hatch Fiestas are first to get a higher-output version of the 1.0-litre three-cylinder Ecoboost engine, tweaked to 138bhp thanks to variable cam timing, higher turbo boost and direct injection. Ford claims the new Fiesta specials are the most powerful 1.0-litre cars in the world.

Ford puts Volvo up for sale

Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.