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1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

Who's Where: Peter Jones appointed Lincoln Interior Design Manager

Lincoln has appointed Peter Jones as the luxury brand's new interior design manager, a role he will take up within the next few weeks. Jones, who has worked at Ford Australia's design studio for seven years, will report directly to Max Wolff, a former colleague who moved in January 2011 to become Lincoln's Design Director. The Australian designer was interior design manager for the new Ranger and also worked as lead exterior designer on the FG Falcon Ute.

Detroit Electric, Geely to develop fleet EVs for China

Geely Automobile Group and startup electric automaker Detroit Electric Inc. have agreed to develop electric vehicles and electric drivetrains for sale in China. Under the deal, the first EV will be a modified version of Geely's Emgrand EC7, which will go on sale early next year.