1948-1950 Ford F1 Rat Rod Cab on 2040-parts.com

Why aren’t Porsche 911 GT3 owners in the UK being compensated?

UK owners of the 911 GT3 aren’t getting compensation It does seem reasonable that if you buy a car you subsequently can’t use because of a design flaw, that the car maker pays you compensation for loss of use. So when Porsche ordered owners of the 911 GT3 to stop using their cars after a fire risk was revealed thanks to a faulty connector, it seemed certain owners would be in for some payback from Porsche. But despite offering US owners of the GT3 $2,000 a month for loss of use, up to $4,000 a month for those in the Middle East and €175 a day for German owners, UK owners of the GT3 aren’t getting a penny.

Mitsubishi PX-MiEV Concept at Tokyo

The Mitsubishi PX-MiEV Concept - a hybrid crossover The ‘PX’ bit of the name is Mitsubishi’s code for Plug-in Hybrid Crossover (saves a bit of room on the boot lid), so the PX-MiEV gets a 1.6 litre 4-pot to drive the front wheels together with an electric motor. An additional electric motor is used to power the rear wheels when circumstances dictate. The PX-MiEV can also run for up to 30 miles in EV mode, after which it turns in to a hybrid to drive and recharge the batteries.

Ettore Bugatti’s own Type 57C up for auction

Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term. Which explains why real classics are still fetching record prices.