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Bugatti's 100P dream airplane to soar for the first time at the Mullin Automotive Museum

Ettore Bugatti, perhaps bored with building such extravagant symbols of single-minded genius like the Royale, devised a staggering work of aeronautical wonder that never saw the light of the day. Threatened by the twin insurmountable forces of deadlines and war, the Bugatti 100P never made it to the skies. Bugatti wanted to tackle the Deutsch de la Meurthe Cup Race -- the brainchild of one Henri Deutsch de la Meurthe, the wealthy petroleum businessman who birthed Europe's oil industry in his native France.

New Volvo V40: Strong residual values predicted

New Volvo V40 – Strong residuals Volvo has had good news from the fleet industry with strong residuals forecast for the new 2012 Volvo V40 ahead of first customer cars. We’ve been very impressed with what we’ve seen of the new Volvo V40; it’s a car that is right on the money in its style, its pricing and its range (although we’d like to see something more exciting at the top end). And now, with production of the V40 under way and the first customer cars expected to arrive in the UK in September, Volvo has had very good news from the fleet industry and the people who set residual values for car finance.

Toyota says quake-hit plants escape major structural damage

Toyota Motor Corp. has released the first damage report for its northern Japanese factories in the region hammered by Friday's massive earthquake, saying some equipment and fixtures will need repairs but that the plants sustained no major structural harm. For days after the quake, Toyota had trouble contacting it plants in the northern Japan quake zone, making it difficult to assess their status.