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Huayra paves the way for Pagani sales in the U.S.

The Pagani Huayra will pave the way for the Italian company to begin selling its cars in the United States later this year. Pagani Automobili said on Monday that the 700-hp Huayra will be sold through a network of dealers. But it did not say how many dealerships it would have, where they would be located and when sales would start.

Steve McQueen’s Ferrari 275 GTB4 restored by Ferrari Classiche

Ferrari Classiche has taken Steve McQueen’s Ferrari 275 GTB4 and put it back to original Coupe form with and-beaten steel panels. We all know that classic Ferraris are one of the better investments you can make, certainly in the long term. Just look at the recent sale of a Ferrari 250 GTO for $35 million (new price in the early 1960s was £6k) for evidence of the enormous prices classic Ferraris fetch, certainly the pre-Fiat Ferraris where production numbers were small.

625 cars per day found to be insurance write-offs

ONE IN EVERY 33 vehicles given a history check is found to be an insurance write-off, according to data gathered by HPI. In 2012 one in 33 vehicles checked by HPI was an insurance total loss – otherwise known as a write-off. This equates to 625 cars a day or over 223,000 cars per year being dangerously repaired and sold on to unsuspecting consumers.