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McLaren MP4-12C gets the axe

Production of the McLaren 12C is dead. That's according to a letter sent by CEO Mike Flewitt to owners that read in part, “The final piece of news I wanted to share with you is regarding 12C production, which we have decided to cease in light of the success of 650S. The new car has been so well received since its unveiling at the Geneva motor show (we already have a six-month order bank), we will focus all our capacity at the McLaren Production Centre on 650S.” This represents a turnaround for the company that just a few days ago said the 650S would slot between the 12C and P1 in the lineup, and that both would continue.

'Transport poverty' rising - RAC

THE LEAST WELL-OFF families are slipping further into "transport poverty", according to an RAC Foundation survey. The poorest car-owning households spent at least 31% of their disposable incomes on buying and running a vehicle in 2012, the foundation said, up from 27% the year before. The figures, based on data obtained from the Office for National Statistics, showed that in 2012 the poorest families had a maximum weekly expenditure of £167, of which £51.40 went on a car.

Las Vegas Motorcycle Auctions show strong results, easy access

Results are in for Bonhams fourth annual Las Vegas motorcycle auction, and the ancient British firm sold a whopping $3.3 million worth of motorcycles at its Thursday night event at Bally's on The Strip, with some fairly high-dollar bikes setting records. One of the Ducatis from the Silverman Museum Racing Collection lead the field, as it no doubt had on the track back in its day -- with a record $175,500 hammer price after what Bonhams called “spirited bidding.” The 1978 Ducati 900 NCR was in great shape after its spirited competition life. Next-highest seller was a 1940 Harley-Davidson EL from the Pierce Family Museum Collection that sold for $159,000.