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First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

Land Rover unveils Discovery Vision Concept in New York

Land Rover revealed its Discovery Vision Concept at the USS Intrepid Sea, Air & Space Museum Monday night ahead of the New York auto show. Land Rover says it's a vision of future Discovery vehicles, the first of which is due in 2015. The Discovery is now sold as the LR4 in the United States, but Land Rover says it will eventually shift the name back to "Discovery" for the North American market -- that's what we knew it as when it first made landfall, anyway.

Concept Car of the Week: GM-X Stiletto (1964)

With dreams of flying cars as the ultimate inspiration, General Motors designers in the ‘60s used every trick possible to make their creations appear as though they were floating – long, straight bodies, wheels pushed in and hidden away, large fins and lights that looked like rockets. As William L. Mitchell took the reins of GM Design, he brought a more high-tech approach, with simpler surfaces, a more restrained use of chrome and a general sense of elegant simplicity.