Toyota Crown 2001 Multi Monitor [7561300] on 2040-parts.com

Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.

VW XL1 (2013) 314mpg eco-car heads for production

VW supremo Ferdinand Piech has kept his promise of putting the XL1 super-eco car into production. VW has confirmed the 313mpg XL1 will be built in limited numbers, around 50 of which are earmarked for UK sale. It's an expensive way to save money on fuel though: projected prices for the XL1 run into six figures.

Eterniti Motors sells first Eterniti Artemis at Beijing auto show

Eterniti Motors, which first showed us the Hemera super SUV concept in Frankfurt, then the production version--called the Artemis--in Beijing, sold its first car at the Chinese show. The company took five orders for the Eterniti Artemis, four in standard specification and one bespoke version. The standard Artemis SUV costs $337,500, converted from British pounds.