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New Volvo V40 R-Design. UPDATED

We have the first photos of Volvo’s sporty take on the new V40 – the Volvo V40 R Design – ahead of a debut at the Paris Motor Show. Update: Volvo has now caught up with this story, so we’ve added a few more photos and a video. The V40 R-Design will be available as an option across all the V40′s range of engines but the Sport suspension still remains an option, not standard.

Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.

Fiat aims to keep green lead with fuel-sipping two-cylinder engine

Fiat S.p.A. aims to keep its environmental lead in Europe by selling what it claims to be the world's most fuel-efficient gasoline engine. When the engine goes on sale in the Fiat 500 minicar in September, the 875cc unit will be the only two-cylinder engine fitted in a car in Europe.