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Single-seat Colibri electric vehicle set for 2015 launch

If the 2014 Geneva Motor Show heralded the dawn of a new age of small cars, then the tiny Innovative Mobility Automobile (IMA) Colibri is well placed to take advantage of this new era. The Colibri – which means hummingbird – is a small, single-seat, three-door electric vehicle that’s set to go on sale later this year. Prices for the entry-level Colibri are set to fall well below €10,000 (£8,340) plus battery rental charges, meaning it could go head-to-head with the likes of the new Citroen C1, Peugeot 108 and Toyota Aygo.

Forza Motorsport 5 announced for the Xbox One

Xbox fans who also dig racing rejoice: “Forza Motorsport 5” was confirmed today by Microsoft during their press release for its new console, the Xbox One. Developed by Turn 10 Studios, the game will be available later this year simultaneously with the console. While no official launch date was confirmed, we would not be surprised to see “Forza Motorsport 5” under Christmas trees come December.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.