Original 1967 Camaro Or Firebird Automatic Floor Shifter Assembly on 2040-parts.com

Saab CEO Jonsson to retire in May; search is under way for a successor

Saab owner Spyker Cars N.V. is looking for a successor to long-serving Saab CEO Jan Ake Jonsson, who will retire on May 19. Jonsson, 59, played a key role in saving Saab when former owner General Motors Co.

Citroen DS3 Cabrio Racing heading for Goodwood FoS

Citroen DS3 Cabrio Racing (pictured) will debut at Goodwood this week. We’re big fans of the Citroen DS3, and the DS3 Cabrio manages to be something most cabrios aren’t – as good to look at as their coupe siblings. So the news that Citroen has decided to fill a niche in the DS3 range by taking the extreme DS3 – the DS3 Racing – and blending it with the cabrio to create the DS3 Cabrio Racing should come as no surprise.

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).