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Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Eterniti Motors readies two SUVs and a sports car

New British car brand Eterniti Motors is steaming ahead with its plan to launch the Hemera - a new Cayenne-based SUV due in 2012 - and there are two other projects waiting in the wings, including a dramatic sports car. The first project for the London-based company is taking Porsche's Cayenne Turbo S and reconfiguring it with exotic new materials, a fresh wardrobe and a stretched cabin to free up more cabin space. Eterniti has also issued sketches of this supercar, but won't reveal yet the donor vehicle.

Saab steps up green drive

By Mark Walton Motor Shows 03 June 2007 01:58 Saab goes bio-power crazy Saab is celebrating its 60th anniversary this year with a further push into the very topical biofuels arena, and Geneva showcases two new examples of the Swedes' growing green commitment. First is the new 9-3 Biopower, a full range of saloon, estate and convertible 9-3s, all powered by a 1.8-litre turbocharged engine that's been modified to run on both unleaded and E85 (85 percent ethanol, 15 percent petrol). The mechanical changes include hardened valves and valve seats, and a new stainless steel fuel tank and ancilliaries, adding up to what's expected to be a £600 premium in the showroom over the standard 9-3.