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Hammer Falls On Record Silverstone Auctions Sale

RECORDS were broken at the recent Silverstone Auctions event, as the two day sale generated more than £5 million and secured some of the highest prices seen to date. One highlight of the sale was a 1979 Ferrari 308 GTS, which was hammered away for a premium inclusive £82,225 - more than £50,000 over its lower estimate and a world record for the model. Not to be outdone, a 1989 Ferrari 328 GTS sold for a premium inclusive £77,050, breaking another world record.

EU new car CO2 targets pushed back

The European Union’s plans to cap new cars to 95g/km CO2 by 2020 has been delayed, after months of lobbying led by Germany. Instead, the 95g/km target will be introduced a year later in 2021, but with an additional amount of flexibility intended to make the transition easier – especially for luxury carmakers such as BMW and Mercedes-Benz, which generally build bigger, heavier vehicles. Stricter CO2 rules will save drivers cash Top 10 most economical cars The new compromise, agreed on Tuesday (26 November 2013) and set to be presented to EU diplomats on Friday (29 November 2013), changes the rules on ‘supercredits’ – which allow manufacturers claim extra credit for especially low emissions cars, such as all-electric and plug-in hybrid vehicles.

Nissan EV moves electric car closer to reality

It's called the Leaf in Japan, and whether or not Nissan's production electric car carries that name in the United States, the company insists that the car will be on the road before the end of 2010. Slightly larger than the familiar Versa subcompact, the zero-emissions Leaf was unveiled Aug. 2 at a dedication ceremony for Nissan's new global headquarters in Yokohama, Japan.