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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.

Renault Symbol [w/Gallery]

Renault has unveiled its new Symbol family saloon at the 2012 Istanbul Motor Show. The new five-seater Symbol features the carmaker's latest design cues such as the larger front logo that sits in a more upright position in the middle of a wide, black and chrome-trimmed grille strip. Another black chrome-trimmed grille strip that integrates the fog lamps is located underneath the license plate while the headlamps taper slightly into the side.

Morgan Threewheeler returns after 58-year break

The Morgan Motor Co. will relaunch the Morgan Threewheeler after a 58-year hiatus, the British automaker said on Wednesday. The 2011 Morgan Threewheeler, inspired by the three-wheeled Morgan cyclecars of the early 1900s, has a Harley-Davidson 1800CC Screamin’ Eagle V-Twin that produces an estimated 100 hp at the rear wheel.