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Rare early Jaguar E-Type sells for £88,000

ONE OF THE MOST RARE Jaguar E-Types, and one of the first to be built in the 1960s sold has at auction for more than £88,000. An anonymous British buyer from the south of England bought the iconic sports car at an auction in Ascot, Berkshire. The hammer fell at £77,000, but with a buyer's premium the final bill was £88,040, a spokesman for Coys the auctioneers said.

Dual-clutch transmission put on hold at Chrysler

Chrysler Group has delayed introduction of a fuel-saving automatic transmission so it can make the shift patterns more palatable to U.S. drivers--the latest sign that a key tool in automakers' plans to meet tougher fuel-economy rules needs some fine-tuning. Two weeks ago, Ford Motor Co., which uses a similar dual-clutch transmission in its Fiesta and Focus, took a hit in Consumer Reports' annual reliability survey because many drivers complained about balky shifting.

BMW DesignworksUSA to revamp Singapore Airlines

BMW DesignworksUSA has been set the task of developing Singapore Airlines' new First Class seats and cabin interior. Given the fast-paced improvement in the quality of premium Asian air travel – Emirates and Cathay Pacific are two examples – Singapore Airlines has decided to revamp its First Class area while upgrading its in-flight entertainment system. The chief redesign will be limited to its First and Business Class sections as those are the main sources of revenue but economy passengers will see upgraded headrests and seating.