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James Bond Aston Martin DB5 sells for £2.9m

The famous James Bond Aston Martin DB5 sold last night at a London auction for nearly £3 million. American businessman Harry Yeaggy paid £2,912,000 ($4,608,500) for the 1964 DB5 driven by Sean Connery in Goldfinger and Thunderball. The 007 DB5 is best known for Q's gadgets, including revolving number plates, rocket launchers and an ejector seat.

Volvo and Polestar offer post-sale software upgrades

Volvo's performance arm, Polestar, will offer software upgrades for the T6 and 2.5T engines that will increase horsepower and torque. The upgrade should calm Volvo fans who missed out on the limited-edition Polestar C30. For the T6 engine in the 2010 Volvo XC60 and 2009-2010 XC70 Polestar will offer a bump in output from 281 hp to 311 hp.

Audi develops new A2; plans for U.S. unclear

Audi is developing a reincarnation of the A2 small car that will slot between the A3 and the A1 minicar introduced in Geneva last week. "There's clearly room for another product and another concept between the A3 and A1," Audi CEO Rupert Stadler said on the sidelines of the Geneva auto show. Michael Dick, Audi's board member for technology, said in an interview that the company's push to add electric variants will play a role with the next-generation A2 "in the near future." The German media have reported that the A2 is expected by 2014.