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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

Chrysler drops lifetime powertrain warranty, eases transfers

Chrysler Group is abandoning its lifetime powertrain warranty in favor of five-year, 100,000-mile coverage that's more easily transferred to a new owner. Spokesman Rick Deneau said the switch was made after discussions with its dealer council. The change is effective on all 2010 model-year vehicles.

BMW i8 stars at the 2013 Frankfurt Motor Show

Four years after it first appeared at Frankfurt as the Vision EfficientDynamics concept, the BMW i8 super-hybrid has finally been revealed in full production at the 2013 show. Is it enough to spoil the Porsche 918 Spyder’s debut? Er, no.