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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.

Spied: Cadillac ATS-V and a production 2013 Cadillac ATS on the road

Autoweek reader Christina McNeal shot these photos of a 2013 Cadillac ATS out cruising the highways of Michigan. General Motors' BMW 3-series fighter was finished in a metallic dark blue and wore manufacturer plates. According to its badging, it was powered by Cadillac's 3.6-liter six.

Preview: Porsche Panamera

After what has already been the most drawn-out model introduction ever (the initial Porsche sketches of the new model having been revealed in 2005), Porsche has finally released the first official rendering of its forthcoming Panamera sedan, set to be launched in 2009. Though the plan view doesn't show much of the new Porsche's design, the company says the features will 'include a wide and low body offering dynamic proportions and muscular design'. But while the grand tourer will have a 'compact overall look', the interior space is claimed to offer a brand-new experience of roominess, with two single seats and generous headroom at the rear allowing adults to sit in comfort.