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1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

BMW X7 SUV confirmed to top BMW’s X Range

The BMW X5 Plug-in Hybrid will be built at Spartanburg along with the new BMW X7 The idea for BMW to build an SUV bigger than the X5 was put on ice when the world’s economy went in to meltdown in 2008, but the idea of a range-topping BMW X7 was back on the cards as long ago as 2010. Now, four years on, BMW has confirmed that they are planning an X7, that it will be built at their Spartanburg Plant in South Carolina and that it will arrive in 2017 or 2018. BMW aren’t prepared to divulge what platform the X7 will use, but it looks likely it will arrive on a revised version of the platform used for the next generation BMW 7-Series, a platform that will likely also be utilised for the new Rolls Royce SUV when that arrives, with the announcement of the X7 making a Rolls Royce SUV even more likely.

Why carmakers say no to battery swapping

There's a strange disconnect surrounding Better Place, the company best known for its plan to extend the range of electric vehicles by relying on speedy battery swaps. Automotive executives are nearly unanimous in dismissing the idea. With the conspicuous exception of Nissan-Renault CEO Carlos Ghosn, rarely does an executive express interest.