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What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

First McLaren P1 customer cars delivered & specs and performance confirmed

First McLaren P1 customer cars delivered With McLaren starting production of the P1 earlier this month,and the P1 has now starting to arrive in the hands of real customers (which, it appears, is more than Ferrari can manage with LaFerrari) with it comes confirmation of the immense performance the P1 offers. The 0-62mph time of 2.8 seconds is impressive enough, but the 0-124mph of just 6.8 seconds, quarter mile of 9.8 seconds (at 152mph terminal speed) and a limited top speed of 217mph makes the new P1 astonishingly quick. If we look at the P1′s rivals claims for performance, LaFerrariu comes close with (vague) promises from Ferrari of a 0-62mph under 3 seconds and a 0-124mph if under 7 seconds.

Chevrolet Colorado pickup concept revealed

Chevrolet's next-generation midsize pickup is a bit larger, with just a hint of the departed Avalanche, based on a concept truck revealed on Monday ahead of its debut at the Bangkok motor show. The new Chevy Colorado goes on sale in Thailand later this year, so the concept is right-hand drive. But the development program is for a global vehicle, so we're likely to see many elements from the Thailand truck show up on the U.S.