Auto Meter 4803 Carbon Fiber; Mechanical Boost/vacuum Gauge on 2040-parts.com

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Viper Curtain Call: Final Snake rolls off the line in Detroit

It's the end of the line for an icon. Clad in custom bronzed-gold paint, the final current-generation Dodge Viper rolled off the assembly line on Thursday at a Detroit factory. The last one was tailored to the tastes of a loyal Viper owner, D'Ann Rauh, who with her husband, Wayne, owns more than 40 Vipers.

Callum: JLR needs design studios in China and US

Jaguar and Land Rover are to open design studios in China and the United States as the two British brands look to better understand local tastes, according to Ian Callum, Jaguar Design Director in an interview with Automotive News Europe. The United States is currently the carmaker's second-biggest market after the UK, closely followed by China in third. To further tap into these markets is key for the long-term success of JLR and so it is following its competitors in opening up foreign design studios.