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Fiat launches new MultiAir engines

By Tim Pollard Motor Industry 09 March 2009 14:02 Fiat showed off the detail of its new MultiAir engines at the 2009 Geneva motor show – and we’ll finally be able to buy the tech on the new Alfa Romeo Mito supermini later in 2009. The brains behind the common-rail injection system that shook up diesel technology have now produced a new technology designed to make petrol engines more efficient and cleaner. Engineers claim the MultiAir engines – which use electrohydraulic actuation, rather than the more widely available electromechanical systems – boost power and torque, while cutting CO2 by between 10% and 25% and other pollutants by up to 60%.

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).

GM speeds development of cars delayed during battle for survival

With bankruptcy behind it, General Motors is speeding up the development of vehicle programs that had been delayed. One car, the next generation Chevrolet Malibu, will go on sale in two years. In August, GM executives said that car would debut a year later, in 2012.