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2012 Jaguar XK debuts at New York +video

The gently tweaked 2012 Jaguar XK It’s not as big an overhaul as the 2012 Jaguar XF, but Jaguar has sensibly had a play to freshen up the XK and keep it looking crisp for a while longer, rolling out the 2012 Jaguar XK at the New York Motor Show. Changes to the XK for 2012 are pretty much as we predicted, although not quite as close to the Jaguar XKR-S as we’d thought likely. The main change on the nose is the arrival of the new headlights we saw on the XKR-S with integrated LED running lights.

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).

Toyota Tundra: Toyota recalls 110,000 pickups on rusted-frame concern

Toyota Motor Corp. is recalling 110,000 Toyota Tundra pickups for the 2000 to 2003 model years after reports that rusted frames in cold weather may cause spare tires under the truck bed to break loose and fall onto the road. Corrosion of the rear cross-member, which supports the spare tire, also eventually may affect the rear brake line and lengthen vehicle stopping distances, increasing the risk of a crash, Toyota said in a statement Tuesday.