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2013 UK automotive sales highest since 2007

By Damion Smy Motor Industry 07 January 2014 10:48 The UK car market is showing further buoyancy with 2,264,737 sales in 2013, up from 2,044,069 in 2012. The 10.8% increase makes the UK the best performing market in Europe, exceeding its forecast by posting its highest sales figures since 2007. Top of the charts once again is the Ford Fiesta, which sold almost 13,000 additional units than in 2012, with its stablemate, the Ford Focus, graduating to the runner-up spot to push the Vauxhall Corsa third.

Porsche Panamera Turbo S – 0-62mph in 3.8 seconds

Porsche has revealed the full details of its new Panamera Turbo S, and it’s a monster. Set to debut at the 2013 Tokyo Motor Show in November, the Panamera Turbo S is no less than 50hp more powerful than the regular Panamera Turbo, and now sprints 0-62mph in less time than an Audi RS6. Or indeed the last generation Porsche 911 GT3.

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).