Hyundai Genesis Sedan Transmission 3.8 Transmission 2011 on 2040-parts.com

1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

Toyota smashes electric car lap record at Nurburgring

Toyota has set a new electric car record at the Nurburgring – with a silent but speedy 7min 47.794sec lap of the Nordschleife. You can watch the record lap in our video above. Ring specialist Jochen Krumbach was at the wheel of the Toyota Motorsport EV P001 racer, obliterating Peugeot's previous 9min 1.338sec record in the EX1 concept car.

Volkswagen XL1

Volkswagen chose the Qatar motor show to debut its new XL1 Super Efficient Vehicle. The latest evolution of the SEV niche – that stretches back to the 1-liter concept of 2002 – makes extensive use of lightweight materials and hybrid technologies to offer a reported 313mpg. The car's exterior is a clear evolution of the tandem seat L1 from 2009.