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Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.

Arrinera 2013 Arrinera

New Polish car company Arrinera has announced that work on the prototype of the new model – also called the Arrinera confusingly – is complete and it will now be embarking on moving the design to production. The company has claimed that the inspiration for the car's design came from that of the stealth-fighter, although there are obvious features reminiscent of Lamborghini, such as the doors, a Reventon-esque front end, Gallardo-like rear intakes, and vents ahead of the rear wheels similar to those on the Murcielago. Arrinera asserts that the cabin will be adorned in only the finest handcrafted leather and carbon fiber and highlighted with aluminum trim.

U.S. safety officials deny airbag exemption for the Pagani Huayra

U.S. safety officials have shot down Italian supercar maker Pagani's request that the Huayra coupe be exempted from needing advanced airbags--a move that means Pagani can't legally sell the car in the States. Safety rules require that all new cars sold in the United States be equipped with airbags that can automatically adjust deployment force based on the height and weight of the seat occupant.