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Guns blazing, dealer fights Hummer slump

For Hummer dealer Jim Lynch, shrinking sales of gas-guzzling SUVs triggered an idea. He decided to add new accessories to the product arsenal at his Chesterfield, Mo., store: guns and ammo. With payments on his $7.5 million mortgage looming, Lynch turned most of his Hummer showroom into a high-end armory, with 200 pistols, rifles and shotguns worth $250,000.

Still saving for a McLaren F1? You’ll need to try harder as they’ve hit £6.2 million

This McLaren F1 sold for $10 million The price of the McLaren F1 keeps on rising, and just last year F1 chassis #66 was sold by Gooding and Co in the US for a then record-breaking £5.42 million. But that record seems to have been broken. Ferrari specialists DK Engineering in Hertfordshire have just spent six months tracking down an F1 for a British buyer, culminating in chassis #28 being sold for a reported £6.2 million ($10 million).

Global Vehicle Architecture opens new fully-equipped 3D Design Studio in Beijing

Global Vehicle Architecture (GVA) – a specialist independent design company encompassing all forms of transportation design – has opened a fully-equipped design studio in Beijing to cater for the growing  demand for design support services. GVA is unique in that it is the first European automotive designer led facility of its kind in China offering complete in-house modeling capabilities. The 2,000 square-meter studio, situated only 10 minutes from the 798 Art district and in close proximity to Beijing's airport, boasts extensive facilities including an 18-meter plate area, and prototype car build capabilities.