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Cost of garage labour falling

THE AVERAGE labour rate at both franchised and non-franchised garages has fallen compared to 2012, according to new figures. An annual survey of 12,000 cases conducted on behalf of Warranty Direct has concluded that the average labour rate in 2013 is £74.70, a fall of 9.84% from £82.86 in 2012. Less encouraging is the overall trend of rising labour rates, with the average having increased by 33% over the last ten years.

Bugatti sells its last Veyron

Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the EB110 quad-turbo V12 supercar.

Barrett-Jackson sells Cobra Jet prototype for $200,000

A 2014 Ford Mustang Cobra Jet Prototype sold for $200,000 at the Barrett-Jackson Las Vegas sale. Proceeds from the charity sale will benefit the National Multiple Sclerosis Society. That price is more than $100,000 over sticker for the Cobra Jet, which usually retails for $97,990.