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Peugeot 308 with 3-Cylinder engine sets new Fuel Economy Record. Sort of.

The new Peugeot 308 managed 99.1mpg in a fuel economy run in Spain Fuel economy records are a bit like official economy figures – they have little relevance in the real world. But that doesn’t stop car makers wanting a few headlines proving just how economical their cars can be, and that’s exactly what Peugeot has done with a fuel economy run in a new 308 fitted with their new 130bhp 1.2-liter PureTech three-cylinder turbo petrol engine. But instead of running the 308 in the real world, Peugeot chose to take their car off to the Almeria circuit in Spain – under the auspices of the UTAC (Union Technique de l’Automobile, Motocycle et Cycle) – to set a new record for fuel economy and distance driven on a full tank.

Ferrari online auction to benefit victims of Italian earthquakes

The series of earthquakes that struck northern Italy this month did much more than temporarily halt supercar production. It resulted in the deaths of at least 24 people and caused hundreds of millions of dollars in property damage. Ferrari, whose hometown of Maranello is situated in the quake-stricken region, will conduct an online auction and contribute proceeds to the families of earthquake victims.

Eterniti Hemera concept

An intriguing teaser sketch for Eterniti Motors, a new London-based luxury car brand, has been revealed this morning. The company's website features a teaser video and an early sketch of its first vehicle, the Hemera. It will be further developed, with more evolved versions of the sketch released every week leading up to its Frankfurt debut. Judging from the sketch, the full production-ready vehicle set to make its debut in Frankfurt will be a high-level SUV crossover.