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Porsche 918 Spyder crashes in Germany

Porsche is in hot water with German authorities following an accident involving a prototype version of the gasoline-electric hybrid-powered 918 Spyder on a public road last month, according to reports in the German media. The accident, which took place between the towns of Bietigheim-Bissingen and Ludwigsburg (close to Porsche's research-and-development center), saw the 875-hp 918 Spyder spin out of control and collide with a guard rail. Parts of the new $845,000 Porsche flagship are said to have broken loose in the collision before being collected by an oncoming car.

Jaguar F-Type Coupe glitzy L.A. debut video & photos

Jaguar F-Type Coupe glitzy L.A. debut Jaguar promised the new F-Type Coupe would get a proper high-profile reveal on the eve of the Los Angeles Auto Show, and they certainly delivered. Jaguar’s design guru – Ian Callum – had told Jaguar’s PR people that he wanted the debut to be at speed, and that was achieved by driving the F-Type Coupe in to a specially prepared warehouse in California at 100mph, cutting a swathe through a series of sharp spotlights as the F-Type arrived in the arena.

Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.