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Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

Senator pushes NHTSA to revisit Toyota accelerator issue

U.S. Sen. Chuck Grassley is pressing the National Highway Traffic Safety Administration to take another look at questions about what caused Toyota Motor Corp.

VL Destino revealed - what became of the Fisker Karma

VL This is the new face of the Fisker Karma, the luxury plug-in hybrid whose parent company went to the wall last year. But it’s not only the Karma’s gap-toothed grin that’s disappeared: its plug-in hybrid powertrain has bitten the dust, too, replaced by a GM-sourced V8 – a supercharged lump boasting 638hp and 640lb ft. Called the VL Destino, the wilder Karma will be shown at this month’s North American International Auto Show, aka the Detroit Motor Show.