2011 Nissan Maxima Engine 3.5l Vin A 4th Digit Vq35de on 2040-parts.com

Nissan hires Magna Steyr to build new entry-level Infiniti car

Nissan said Thursday that Austrian contract manufacturer Magna Steyr will build a new premium compact car for the Infiniti brand, starting in 2014. Infiniti boss Andy Palmer said in a statement that the car will help the brand to reach new consumers and grow in key markets such as western Europe. Nissan did not give any more details about the car or say whether it will be sold in markets outside Europe such as the United States.

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

NHTSA investigating Toyota Prius hybrid for steering-shaft concerns

The National Highway Traffic Safety Administration announced Monday it will look into whether steering shafts in Toyota Prius models spanning from 2004 through 2009 model years are defective. According to the Detroit News, NHTSA has already recalled the Toyota Prius twice for steering-shaft problems. In 2012, 669,000 Prius vehicles from 2004-2009 model years were recalled to replace the steering-shaft extension assembly.