Tow Ready 118508 T-connector Assembly 11-12 Cruze on 2040-parts.com

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

TVR sold

By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.

Caterham CDX Limited Edition: first pictures

By Dimitri Pesin First Official Pictures 10 June 2008 16:03 Caterham has returned to its K-series roots with a new version of its Seven, dubbed the CDX Limited Edition. Not a catchy moniker perhaps, but the new car has been built to commemorate 15 years of the Caterham Driving Experience (CDX) – the track days where you can drift or slalom a Seven. As well as the gloss black paint, plus decals along the sides mimicking the CDX cars, the big news is the return of the K-series powerplant delivering 135bhp through a five-speed ‘box.