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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

BMW promises (even) more details on 7-series, Mini convertible soon

The BMW Group is promising us "detailed information" next week on the fifth-generation 7-series and the Mini convertible. What does that mean? Stay tuned.

Audi opens ‘Terminal’ Showroom in India

Audi opens a 'Terminal' Showroom at Audi Kochi in India [ad#ad-1] Premium car makers have always had very modest sales in India. Despite some wealth in the past, there was never really the prospect of a big premium car market in India, particularly with the huge import duties on cars. But things are changing.