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Bugatti won't build new car until Veyron is sold out

Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.

BMW M3 engine shown

By Ben Barry Motor Industry 23 March 2007 01:18 BMW has revealed detailed specs on the all-new 4.0-litre V8 that’s soon to be slotted into the all-new M3. Power is confirmed at 420bhp with 295lb ft peak torque available from 3000 to 7000rpm. The engine – made at the same foundry as the BMW Sauber F1 team’s V8 and derived from the same architecture as the M5 and M6 V10 – looks set to dispel any fears M purists may have had that the M3 would be transformed into a nose heavy, slow revving behemoth.

McLaren MP4-12C to cost £168,500

McLaren will charge £168,500 for the MP4-12C supercar in the UK. That's the new 2011 price, including the rise in VAT from 17.5% to 20% from 1 January. Today's news means that the MP4-12C will cost £1000 less than a Ferrari 458 Italia, its arch rival, at existing tax rates.