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Concept Car of the Week: Peugeot Proxima (1986)

Presented at the 1986 Paris Motor Show, the Proxima concept was the ultimate vision of '80s futurism, both in terms of its design and engineering. To assert its blue-sky vision, Peugeot named its creation after Proxima Centauri, the closest star to the sun. The exterior design was directed by Gérard Welter, and featured a long wheelbase, mid-mounted engine and very small overhangs, putting the accent on power and performance.

Video: Classic Car TV looks at Pebble Beach and the Triumph Spitfire

If you haven't yet seen an episode of Classic Car TV, this new production from the car nuts at Hagerty Insurance provides a weekly rundown of news, events and fun stuff in the world of old rides. The show is still in its infancy, but as this second episode proves, it's starting to find a rhythm. Here, Matt Richmond and the gang take a closer look at some of the auction results and concours cars from Pebble Beach.

Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket

Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.