1967 Oldsmobile 425 Engine Rocker Arms W/ Push Rods on 2040-parts.com

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.

Chrysler/Lancia Ypsilon

To celebrate 25 years of the Lancia Ypsilon, the Fiat is set to launch an all new variant at the 81st Geneva motor show. Based on a stretched Fiat 500 platform, the Ypsilon boasts an extra 300mm between its front and rear wheels, improving rear legroom and allowing for the additional rear doors. Overall, the Ypsilon's exterior has grown by around 60mm in length, but the cars height has dropped by around 20mm.

Four new electric speed records for the UK

Lord Paul Drayson has set a new World Electric Land Speed record for sub-999kg electric vehicles with an average speed of 205.139mph over the flying mile. This represents a modest 1mph increase over the previous record – which Drayson set last year in the same Drayson Racing Technologies all-electric prototype. But the ‘Lord of Speed’ (as we’ve just dubbed him) also broke four other records in the process.