95 Honda Trx300ex Header Exhaust Head Pipe on 2040-parts.com

EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

Ferrari F150 (2013) first details on hybrid Enzo

After various leaks and rumours over the past few months, Ferrari – via its official customer magazine – has confirmed it will launch a new supercar to succeed the Enzo in 2013. It's been officially named as the Ferrari F150, and it will be powered by a V12 engine bolstered by a F1-style KERS hybrid system. Supercars are defined by their engines – what powers the new Ferrari F150 supercar?

Concept Car of the Week: Peugeot Proxima (1986)

Presented at the 1986 Paris Motor Show, the Proxima concept was the ultimate vision of '80s futurism, both in terms of its design and engineering. To assert its blue-sky vision, Peugeot named its creation after Proxima Centauri, the closest star to the sun. The exterior design was directed by Gérard Welter, and featured a long wheelbase, mid-mounted engine and very small overhangs, putting the accent on power and performance.