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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.

General Motors reveals two-wheel PUMA electric-vehicle prototype

It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. But despite the unconventional nature of this vehicle, General Motors says a two-seat, two-wheel ride called PUMA could be a solution to loosen congestion in crowded urban areas.

‘Crash avoidance’ systems rated for safety

The European car safety body Euro NCAP has confirmed it is currently testing a number of cars fitted with crash avoidance technology in an effort to judge the systems’ effectiveness. This news coincides with an announcement from the American Insurance Institute for Highway Safety (IIHS), which has published the first results of its own version of the scheme. Euro NCAP and IIHS are cooperating to establish a standardised test formula.