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Michelin Challenge Design 2015: Jury meeting and entry review

Michelin Challenge Design has held its annual jury meeting and review of entries. The event took place at the Canepa Motorsports Museum in Scotts Valley, California on 14-15 July. The museum is home to a large number of significant racing cars, including a rare 1976 Tyrrell P34 six-wheel Formula 1 car, a 1969 Porsche 917K and the 1985 Rothmans Porsche 962C.

BMW i8 fetching 50% premiums in UK market

The BMW i8 (pictured) is commanding a 50% premium The simple rules of a capitalist market is that supply and demand dictate price. Which is why BMW’s i8 hybrid supercar is fetching premiums of up to 50 per cent. With the entire i8 supply sold out for the next year, those with deep enough pockets – and a compelling desire for an i8 – are turning to i8 owners who have already taken delivery and making them offer they can’t refuse.

Italdesign to unveil fast but frugal hybrid car at Geneva motor show

Italdesign Giugiaro will unveil a concept for a fast but fuel efficient hybrid coupe at the Geneva auto show. The Italian design and engineering company says the two-seater can reach a top speed of 186 mph (300 kph) and accelerate from 0 to 62 mph in less than 4 seconds. The still unnamed concept will travel 117 miles on a gallon of gasoline, Italdesign says.