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1961 Jaguar E-Type ‘Barn Find’ sells for £110k
Fri, 03 May 2013Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?
Chrysler cuts Viper output amid slow sales, growing inventory
Thu, 03 Oct 2013Chrysler Group has cut output of the SRT Viper by a third and will reassign scores of workers to other plants because of slow sales, growing inventories, and the onset of colder weather. Workers at Chrysler's Conner Avenue Assembly plant in Detroit, where the car is assembled, were told of the production moves today. None will be laid off; instead they will be reassigned to other Chrysler plants in the Detroit area, a Chrysler spokeswoman said.
Porsche 918 Spyder caught high-altitude testing
Tue, 07 May 2013The Porsche 918 Spyder first broke cover as a concept at the 2010 Geneva motor show. Since then, we've seen it again and again at various auto shows and track events. Now it's testing at high altitudes in Keystone, Colo.