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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

Audi TT SUV concept: official sketches

Audi is set to reveal an all-new SUV concept car based on the Audi TT at the Beijing Motor Show. The new Audi concept will be the second time the brand has floated the idea of a TT-style SUV this year, following the unveiling of the Audi Allroad Shooting Brake show car at January’s Detroit Motor Show. The new Audi SUV concept will have more of an ‘off-roader’ feel than the Shooting Brake, and so will take its styling cues from the Audi Q-model SUVs, as these images show.

Geely to buy bankrupt London Taxis

The Chinese press are reporting that Geely are to buy London Taxi maker Manganese Bronze, which went in to liquidation in October. Back in October we reported that Manganese Bronze – makers of the iconic London Taxi – had gone in to administration, finally tipped over the edge by  steering box failures in the TX4. After years of under-investment – and a product that has been usurped by both the Mercedes Vito Taxi and the new Nissan NV200 Taxi – it looked like Manganese Bronze had no way back.