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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Volvo 13-liter liquefied-natural-gas engine announced for North America

It comes as no surprise that, with rising fuel costs, companies are continuing their efforts to increase efficiency. Volvo Trucks, for its part, plans to launch a 13-liter liquefied-natural-gas engine for North America in 2014 and is set to develop a new form natural-gas fuel called DME, or dimethyl ether. Volvo looks to add the liquefied-natural-gas option to complement its compressed-natural-gas (CNG) offerings.

Drivers 'concerned at lack of goodwill'

MOTORISTS have been left concerned at the lack of goodwill among other drivers during this festive period, according to research from Halfords Autocentres. The levels of ‘aggressive, impatient and inconsiderate’ driving increase at this time of year, according to the survey of an unspecified number of car owners. Nearly a quarter (23%) of respondents said that things like lane hogging, failing to indicate properly - or at all - and not letting other motorists out at junctions was a real problem at this time of year.