Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

New Peugeot 308 GT hot hatch due on sale in 2014

Peugeot The Peugeot 308 GT will be unveiled at the 2014 Paris Motor Show this September, according to company insiders. Speaking at the launch of the 308 SW estate, Peugeot sources told us that the 308 GT will be revealed in its home market and is likely to go on sale before the end of the year. Technical details haven't been announced, but the 308 GT is expected to use a version of the 208 GTi's turbocharged 1.6-litre engine, with a similar power output of about 200hp.

Second Fisker Karma fire under investigation

Investigators hired by Fisker Automotive are looking into a Fisker Karma plug-in hybrid sedan that caught fire on Aug. 11 in a suburb outside San Jose, Calif. This is the second instance of a fire involving a Karma in the last three months.

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).