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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

BMW advert ‘burns’ BMW logo on to your eyelids

BMW are 'burning' their logo on cinema-goers eyelids We’ve all done it – stared at the sun, closed our eyes and still been able to see a bright light. In fact, some of us have gone a bit further. I remember competitions to see how long we could look at the sun in the Junior school playground.

Umea Olme Spyder project

While Swedish automaker Saab was going through tumultuous times and Geely was in the process of buying Volvo from Ford, first year MA students in Transportation Design at Sweden's Umea Institute of Design were busy creating a one-off roadster for an independent car maker: the Olme Spyder. Created in collaboration with Ove Bengtsson, an engineer with a personal passion for building his own vehicles, the students were asked to design their own interpretation of a progressive and innovative roadster, developing the concept from a sketch into a full-scale model. Based on an Opel Agila donor car, the concept's 650kg steel monocoque chassis was created by Bengtsson himself to accommodate a mid-mounted engine.