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Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

BMW 135is for the US only. But you can have much the same in the UK.

BMW 135is - US only BMW is not taking the new M135i to the US but has instead announced the BMW 135is Coupe and Convertible for the US only. There must be logic to BMW’s decision to badge a new 1 Series M135i for the UK and Europe and then add a new model in the US – the 135is Coupe – that actually has more power but no ‘M’ moniker. But that logic does escape us.