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Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

Rod's rare Lamborghini up for sale

A RARE LAMBORGHINI once owned by Rod Stewart is being sold - for nearly £1 million. The singer bought the two-door Lamborghini Miura P400S brand new in 1971, when it did 0-60 mph in 6.7 seconds with a top speed of 171mph - the fastest road car of its kind in the world at the time. The pristine four-litre blue sports car with silver trim has recently undergone a £100,000 restoration and is being sold on AutoTrader for £899,999.

CDN Interior Motives Student Design Awards 2012 deadline this Friday

The CDN Interior Motives Student Design Awards 2012 competition deadline is fast approaching, with entrants having until 11 May to submit their entries. The theme of this year's competition – which celebrates its tenth anniversary this year – is ‘What Comes Next? Make your mark on the car of tomorrow' and is comprised of the following four briefs, devised in collaboration with Volkswagen and Peugeot: The Next Icon Considers the legacy of cars that have achieved iconic status in the car design automotive industry as a result of technological advances and improvements in construction and ergonomics among other things.