2003 03 Suzuki Dl1000 V-strom Right Side Tail Fairing Cowling At Lkq Motorsports on 2040-parts.com

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

Volvo announces 2014 XC90’s world-first safety tech

The next Volvo XC90 SUV will arrive in 2014 with loaded with world-first safety technology to take on the Audi Q7 and Land Rover Discovery. The safety arsenal will include after-dark pedestrian detection, road barrier detection, as well as fully autonomous cruise control  and parking capability.  It’s the latest salvo from Volvo’s crack team of safety-obsessed engineers in the fight to realise the company’s ‘Vision 2020’ target – that no occupant of a new Volvo will be killed or seriously injured in an accident by 2020.

Need for Speed Ford Mustang sells for $300,000

The 900hp Ford Mustang GT as seen in the latest Need for Speed movie has sold at an auction in the US for $300,000 – that’s roughly £180,000. Unfortunately, the winning bidder might be disappointed to find out that in real life it doesn’t make anywhere near the 900hp claimed in the film, instead running a stock 420hp. Please click on the picture above to find out more about the Need for Speed Mustang