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P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

2015 Subaru Legacy Concept to debut at LA Auto Show

Subaru introduced the Legacy Concept for the Los Angeles Auto Show on Thursday. The concept sedan celebrates the 25th anniversary of the vehicle, and Subaru says it previews styling for future models. The Legacy Concept is swathed in a color called Ocean Silver Metallic and features a coupe-like roofline.

Peugeot Onyx Hybrid Supercar Concept at Paris. UPDATED: Photos

Peugeot are teasing what appears to be the Peugeot Onyx Concept on their Facebook page, a hybrid supercar heading for the Paris Motor Show. We already know that production versions of the Peugeot 208 GTi and Peugeot XY luxury 208 are heading for the Paris Motor Show, but it appears Peugeot will have something a bit more dramatic on offer. Peugeot has revealed a teaser photo of a new concept car for Paris on their Facebook page this afternoon, and a bit of digging around French motoring web site turns up more detail.