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Peugeot confirms BB1 for production

Peugeot has confirmed it will build a production version of the BB1, the concept car that's a cross between a car and a scooter. Coming less than a week after it unveiled the SR1 – a roadster concept car that’s supposed to be a line in the sand for Peugeot design – the announcement came as the 200-year old French car company launched its Marque plan that'a aimed at rejuvenating the brand. The five-year scheme has three goals: to move Peugeot up three places in the world car market; to establish the company as a benchmark for style; and to make it a leader in mobility services.

Rolls-Royce Bespoke creates Year of the Dragon Collection

Rolls-Royce has announced a commemorative offering in preparation for the forthcoming Year of the Dragon celebration, which starts on January 23, 2012. Designed by Rolls-Royce's Bespoke team, the Year of the Dragon Collection has been inspired by the legendary creature that is revered in China, and created to celebrate the ultimate symbol of power, prosperity and good fortune. The collection features unique detailing on both the exterior and interior of the Phantom or Phantom Extended Wheelbase models and includes a gold hand-painted dragon coachline inspired by Beijing's Forbidden City; dragon headrest embroidery available in Tan, Golden Sand, Black and White; a dragon inlay, which will be hand-laid to the passenger panel and include the Phantom name outlined in gold; two hand-stitched cushions for the rear passengers, specified with embroidered double R-R logos and piping; and illuminated treadplates with ‘Year of the Dragon 2012' highlighted in LED lighting.

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.