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Fioravanti expands into China in partnership with Eastone

Renowned Italian design house Fioravanti has formed a partnership with Shanghai-based design and engineering consultancy Eastone. The aim of this powerful duo is to deliver a wide range of design and build services directly to Chinese OEMs, with the first fruit of their labors being a concept car for Chinese manufacturer BAIC, to be unveiled at the Beijing auto show. For the first time in their own country, Chinese OEMs can now benefit from the time-served capabilities, knowledge and car culture typical of a leading Italian design house, while simultaneously gaining from the local knowledge, strong relationships and powerful commercial strength of a domestic design company.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Vuhl 05 supercar (2013) first official pictures

The Vuhl 05 has been revealed to the media in London, making its world premier at the Royal Automobile Club in Pall Mall. Designed to take on the likes of the KTM X-Bow and Ariel Atom as a road and track toy, the 05 is the work of two Mexican brothers who have backing from the Mexican government. It’ll be on sale in Europe, expected to be its biggest market, from early 2014.