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Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Renault Megane gets top Euro NCAP Score

It’s becoming something of a habit at Renault – 5 star NCAP Ratings. And the Renault Megane has just achieved the equal highest Euro NCAP score of 37 points (shared with the Nissan Quashqai) in the latest round of tests. You’ve got to admire Renault.

2006 Michelin Challenge Design seeks vehicle designs for California market

Michelin issued a call for entries to the global design community this week to kick off the 2006 Michelin Challenge Design, one of the industry's fastest growing vehicle design forums. In the last four years, Michelin Challenge Design has been the catalyst for students in design universities, design firms, professional designers from top OEMs, and individual designers from all over the world to have their work exhibited at a major international auto show in support of a central theme. Last year, submissions were received from 50 countries worldwide with selected designs displayed at the 2005 North American International Auto Show in January.