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Luxury cars still in demand

DEMAND remains strong for upper executive, sports and luxury cars says British Car Auctions (BCA), as buyers continue to support the company’s programme of Top Car and Executive sales. In the first half of the year, BCA sold 8,356 cars valued in excess of £20,000, worth a combined £231.4 million. Across the board BCA has averaged 102.57% of CAP Clean for cars sold for £20,000 or more in 2012.

Chevrolet sprinkles in some ZR1 for the Corvette Z06 Carbon Limited Edition

With the ZR1 grabbing all the headlines of late, it's easy to forget about the other pumped-up performance thoroughbred in the Corvette stable--the Z06. However, that's about to change, because Chevrolet is taking some of the ZR1 goodies and transplanting them over onto the Z06 for the 2011 model year, such as the Brembo carbon-ceramic brakes and magnetic select ride control system. The features will be standard on a new 2011 Corvette Z06 Carbon Limited Edition, which Chevy is using to celebrate the 50th anniversary of the Corvette's first 24 Hours of LeMans race.

Alfa Romeo & Mazda to build new roadster

Mazda & Alfa to jointly develop a new roadster Alfa Romeo and Fiat have signed an agreement to build a new new RWD roadster based on the next generation Mazda MX-5 platform. Sergio Marchionne is a big believer that the only way to survive as a mainstream car maker is to be as big as possible and share development costs whenever you can. Which explains – from the Fiat point of view – why Alfa Romeo has entered in to an agreement to produce a new roadster with Mazda to be based on the next generation Mazda MX-5 RWD platform.