MG Dynamo EV Concept debuts at SMMT

The MG Dynamo EV Concept (pictured) is on display at the SMMT MG may not be what it once was (which you can take either way), but as a marque MG is 90 years old. As part of celebrations for the 90th birthday of MG, there’s an exhibition of MG’s models at the Society of Motor Manufacturers and Traders (SMMT) offices in London this week, which include a global debut for an electric MG city car. The MG Dynamo Concept is MG’s vision of an electric city car which, say MG, encompasses “the latest in design and engineering technology”.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

Trevor Creed to retire from Chrysler

Trevor M. Creed has announced he will retire from his role as Senior Vice President of Design at Chrysler after 23 years with the company. The Chrysler Design Office will now report to Frank O. Klegon, Executive Vice President of Product Development.