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Volkswagen to reveal new electric car concept

Volkswagen is due to reveal a one-seat electric car concept in early September as the manufacturer explores its greener future. Part of the on-going project to cut its average fleet emissions  Volkswagen has designed the concept vehicle for limited journeys, with the vehicle due to be unveiled on September 8 in Berlin. There's no word yet as to whether it will appear at the Frankfurt motor show just a few days later, but we'd be surprised not to see it there.

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).

Lincoln C concept

Ford's luxury division revealed a surprise new concept at the 2009 NAIAS: the C-segment, six-passenger Lincoln C design study, aimed at upscale urban consumers. According to Freeman Thomas, director of Ford's Strategic Concepts Group where the concept was created, "the Lincoln C is about efficiency without compromise". The exterior design was concieved by David Woodhouse and Jeremy Leng, and the interior by Andrei Markevich and Matt Edwards.