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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

Ford Escort set for Beijing motor show debut

Ford is set to unveil a production version of the Escort sedan at the China auto show this month in Beijing, meant exclusively for the Chinese market. The Escort was previewed in near-production concept form last year at the Shanghai motor show, and is meant to take on competitors positioned just above the Ford Focus sedan. Even though the Ford Escort has been absent from the automaker's global lineup since 2000, Ford of China is reviving the nameplate for this sub-Fusion/Mondeo model which will compete with cars such as the Volkswagen Sagitar and Chevrolet Cruze in the Chinese market.

Subaru SHARC wins LA Design Challenge [w/video]

Subaru's SHARC (Subaru Highway Automated Response Concept) has been named the winner of the 2012 LA Design Challenge. The judges chose the futuristic drone as the best embodiment of the 'Highway Patrol Vehicle 2025' with the judges declaring that the studio captured "the vision of Design Challenge theme by combining functionality and problem-solving technology around a dynamic and plausible story" from a choice of designs from six other automotive design studios. Studios from BMW DesignWorksUSA, General Motors, Honda North America, Honda Japan, Mercedes-Benz submitted concepts that would create a highway patrol vehicle for 2025 that tackled the ‘protect and serve' aspect while considering emissions, population growth and transportation infrastructure.