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Volkswagen's Golf grabs Car of the Year award

THE VOLKSWAGEN GOLF has been crowned the Scottish Car of the Year, the first time VW has lifted the title north of the border. Awarded by the Association of Scottish Motoring Writers, the Golf won the title thanks to its choice of body styles, frugal engines, quality and excellent driving manners. It beat off strong competition from the likes of the Range Rover Sport, Jaguar F-type and Renault Clio, which won their respective categories.

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.

Porsche Panameras with 300-hp V6 to arrive in the United States in June

The six-cylinder siblings of the V8 Porsche Panamera will hit U.S. shores in June, packing 300 hp and starting at $75,375 for the rear-wheel-drive model. The all-wheel-drive version, called the Panamera 4, starts at $79,875, including destination charges.