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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

CAFE standard set at 54.5 mpg by 2025

The final version of the new corporate average fuel economy (CAFE) standard was released today and, as expected, automakers will need to attain a fleet average of 54.5 mpg by 2025. The rules include electric and hybrid vehicles and—as of today—natural gas vehicles. The Environmental Protection Agency and the National Highway Traffic Safety Administration proposed the rules in November, after reaching an agreement with automakers last July.

College Exhibition: Coventry University Design Degree Show 2005

  John Buckingham's Lagonda project was one of several Aston Martin projects featured this year. This is a front-engined limousine in the style of the 1976 Bill Towns Lagonda with a compact cabin, shallow DLO and a very long, high tail combined with a much more 'delicate' aesthetic than existing full-size limousines. Unusual features include a shark nosed form with concave sculpted fenders inspired by the DB3R and a full-width light bar visor contained in an inverted Aston grille.