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Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

Congestion charge to rise by 15%

THE LONDON congestion charge is to rise from £10 a day to £11.50; a sudden 15% increase. The increase, the first since 2011, will take effect from June 16, Transport for London (TfL) has said, although the rate for those on the auto-pay system, and also for fleet customers, will be £10.50 per day. TfL said that customer improvements will be introduced next year, including direct debit payments for auto pay customers, online discount applications, and easier NHS patients and staff reimbursement.

Peugeot Exalt Concept: OFFICIAL

The Peugeot Exalt Concept (pictured) now officially revealed We had the first photo of the Peugeot Exalt Concept earlier in the week, but now Peugeot has caught up with that reveal and released a gallery of photos of the Exalt and details too. With strong design hints from Peugeot’s Onyx Concept – like the long bonnet, short overhangs, bold wheel-arches and crisp lines – the Exalt appears to be a five-door hatch even though it looks like a four-door swoopy coupe. Peugeot has hand-made the bare metal body panels of the Exalt and covered it in part with a ‘Shark Skin’ material which is said to improve aerodynamics and fuel consumption.