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A look at Volvo future products

Volvo wants to derive economies of scale from a new front-wheel-drive architecture called SPA, for Scalable Platform Architecture. The redesigned XC90 crossover due in 2014 will be the first to use the architecture. SPA was designed for a new family of four-cylinder gasoline and diesel engines that Volvo will begin using on existing models next fall.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Ultra-low-mileage Chevrolet Corvair Monza heads to the auction block

We've never really paused to appreciate the subtle good looks of the Chevrolet Corvair, especially the end-of-the-line 1969 Corvair Monza coupe. But this particular car, which will be sold at the upcoming Mecum Houston auction on April 11, will make you stop and take stock. Even if you're Ralph Nader, you can't help but be impressed by its extreme originality: It has just 15 miles on the odometer.