509 White Reversible Beanie on 2040-parts.com

P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

2012 Renault Megane UK price & spec announced

2012 Renault Megane - price & spec revealed Renault has announced UK prices and specifications for the 2012 Renault Megane hatchback, coupe and Sport Tourer. Renault may have slashed its UK offerings, but the perennial Megane soldiers on with a small tidy-up for 2012, new prices and new specifications, with details announced today. The small tweaks across the Megane range are modest and include daytime running LED on the Dynamique and TomTom, tweaked bumpers and new alloys.

BMW 640d xDrive announced

On Thursday, Greg Kable waxed effusively about the new BMW M550d xDrive coupe, suggesting that it was the ultimate 5-series for everyday use. On Friday, Munich announced that the 5's two-door sibling will receive an AWD diesel variant: the 640d xDrive. While not quite as high-zoot as the 5-series' top oil burner, the 640d's 3.0-liter, twin-turbo straight-six cranks out a respectable 465 lb-ft of almighty torque between 1,500 rpm and 2,500 rpm, plus 313 hp at 4,400 rpm—numbers that, according to BMW, will carry the 6-series to 60 mph in 5.2 seconds.