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Has Chris Evans bought a McLaren F1?

The rumour on the grapevine this morning is that Radio 2 man and Ferrari nut, Chris Evans, has traded a Ferrari to buy a McLaren F1 Chris Evans is known for many things; Radio 2 presenter, doting dad, one-time enfant terrible of TV, creator of CarFest and, perhaps most of all, the most high-profile collector of classic Ferraris in the UK. But the word on the grapevine this morning is that Chris has chopped in a Ferrari – and we don’t know which of his Ferraris – to buy one of the 64 McLaren F1 supercars in existence. If he has, and we’re digging for confirmation, then he’s obviously been listening to the advice a number of experts at the top end of the classic car world who believe the ‘next’ Ferrari 250 GTO (a car Chris owns) will be the McLaren F1.

Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.

Sleek new Volvo Concept Coupe previews ahead of Frankfurt 2013

Volvo’s brave new future starts here. In the metal (and aluminium) it’s embodied by this Concept Coupe, a 2+2 grand tourer that evokes the spirit of the classic 1960s P1800. Prepared for this year’s Frankfurt Motor Show the Concept Coupe shows how all future Volvos will look, starting with the XC90 in 12 months’ time.