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1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

Kia Pro_Cee’d GT & Cee’d GT to get 201bhp

Kia has revealed that their warmed over hatch will come as both a 3-door Kia Pro_Cee’d GT and 5-door Kia Cee’d GT, both with a 201bhp turbo. Last week we revealed that the Kia Pro_Cee’d GT is on its way in 2013 with a version of the 1.6 litre turbo found in the Hyundai Veloster Turbo, and upset Kia ion the process. We upset Kia because we got the news a day ahead of their intended release and stole a bit of their thunder, but Kia are back with more news on the Cee’d to add to last week’s news, and this time they beat us to the latest news on their more sporty offerings.

Nissan pits new cargo van against aging workhorses from Ford, GM

To break into the commercial van business in the United States, Nissan North America Inc. plans to do something it rarely does: attack Detroit head-on. That is because there is no way around it.