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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.

Fisker Karma recalled over fire risk

The Fisker Karma range-extender EV is being recalled over a fire risk from a faulty cooling fan. We’re not sure how many Fisker Karmas there are in the UK (well, there should be at least one), but so far it appears that there are a surprising 1,900 in the wild. Now those 1,900 (or 2,400 if you count all the Karamas built and heading for customers) are to be recalled after fire destroyed two Karmas in the US.

College Exhibition: IED Degree Show 2007

The Istituto Europeo di Design of Turin (IED) teamed up with Toyota to create "Prius of 2010-2015", the third year project of 26 students in the post-graduate Transportation Design Course. Led by Fulvio Fantolino, IED's Transportation Design Course Coordinator and followed in the various design stages by Elvio D'Aprile, Assistant Chief Designer at Toyota Europe Design Development, and by Tateo Uchida, General Director Research and Project Forum, the task to come up with concepts that, in addition to heightening the technological excellence, could stress the emotional element, an essential characteristic to conquer the European and world market. In all, ten projects were created and submitted to Toyota as the students' final thesis projects, showcasing a variety of different proposals for future ecological hybrid vehicles.