Ignition Starter Switch Beck/arnley 201-1076 on 2040-parts.com

Posh cars 'raise house prices'

HAVING a posh car in the driveway can push up property prices, according to a survey. As many as a third of people reckon having a luxury motor outside their home can add to the value of their house, the poll by car rental company Avis found. Around a third of the 2,000 adults surveyed also thought a flash car would help sell a property.

Koenigsegg One:1 preparing for Geneva & hosted by Christian von Koenigsegg (video)

Christian von Koenigsegg walks us round the new Koenigsegg One:1 The first sniff of the Koenigsegg One:1 came at the end of 2012 when Cars UK exclusively revealed the first details of Koenigsegg’s Megacar. It took more than a year for Christian von Koenigsegg and his intrepid team to complete the first car, but it was worth the wait. Probably the supercar star of the Geneva Motor Show earlier this month, the One:1 gets 1360 HP and weighs just 1360KG – the the world’s first 1:1 power to curb weight ratio supercar – and has 2G cornering ability and 610kg of downforce at 160mph thanks to active aerodynamics.

Read the GM press release annoucing the sale of Saab to Spyker Cars

PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.