Pavesi Rotax Shifter Kart on 2040-parts.com

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Toyota: Fixes are working on recalled vehicles

Toyota maintains that the fixes being made to correct unintended acceleration in millions of recalled vehicles are sufficient. But at a press event Monday, company officials said they are willing to bring in as many independent researchers as needed to resolve the issue once and for all. “We don't think there is a ghost issue out there,” said Kristen Tabar, general manager of electronic systems at the Toyota Technical Center in Ann Arbor, Mich.

Citroen C4 Grand Picasso (2013) first official pictures

This is the cavernous new Citroen C4 Grand Picasso, a bigger version of the C4 Picasso MPV we recently tested. The Grand Picasso stands 4590mm long – the same as its predecessor – but sees its wheelbase stretched to the longest in its class for maximum cabin space and enormous door openings. What it does share with the regular Picasso is a lightweight body structure and frugal downsized engines.