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Rare barn finds on sale: Jaguar E-Type and XK120 head to auction

The motoring world remains full of surprises – here we have a pair of classic Jaguars that had apparently been all but forgotten until they were pulled out of their respective hiding places earlier this year. The blue car is an early E-Type, the silver car an early steel-bodied XK120, both are heading to auction with Coys in the Ascot Sale on 26 October 2013. Please click the image above to read the rest of this story...

Mercedes-Benz reveals SLS E-Cell performance data

Mercedes-Benz has lifted the veil of secrecy on the plug-in-electric propulsion system of its upcoming SLS E-Cell, first revealed in concept form at the 2009 Frankfurt auto show. Set to go into limited production in early 2013, the zero-emission version of the German carmaker's signature gullwing coupe is set to rival a raft of new high-priced electric or hybrid supercars due out in the not-too-distant future, including the Audi E-tron, the BMW i8, the Jaguar C-X75 and the Porsche 918. The car is undergoing development at Mercedes-Benz's performance-car AMG unit and its British-based sister company, AMG High Performance Powertrains--the company behind Mercedes' latest 2.4-liter V6 Formula One race engine.

Redesigned 2014 Lexus IS base price increases

Lexus has set the base price of the 2014 IS compact sport sedan at $36,845, including shipping, an increase of $885 from its predecessor, Lexus said. In contrast, the top-level IS 350 with all-wheel drive starts at $42,595, including shipping, which is 2.1 percent lower than the model it replaces, Lexus said in a statement this week. The pricing makes good on Lexus' guarantee to keep the base price attainable for consumers “by narrowing the gap between the 250 and 350,” a Lexus spokesman said.