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Honda S660 Concept revealed – the Honda Beat returns

The Honda S660 Concept (pictured) will debut at the 2013 Tokyo Motor Show It looks like Honda is making a return to the Kei car with the arrival of the Honda S660 Concept ahead of the Tokyo Motor Show next month. The Kei class of car in Japan is small (less than 3.4 metres long) and comes with a raft of tax breaks for buyers, but despite it being designed just for Japan it’s gained a cult following round the world, and now the Honda Beat for the 21st century has arrived in the form of the S660 concept. The S660 Concept – it gets the required maximum 660cc Kei engine limit – is a mid-engined open top roadster that manages to deliver 64bhp from its 3-cylinder engine which, with a weight under 900kg, should be reasonably lively.

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

GM will launch 60-day money-back guarantee

General Motors Co. is taking a page from the retail industry with its latest marketing blitz in an effort sell more cars: a 60-day money-back guarantee. The initiative--unorthodox for an automaker--starts Monday and covers 2009 and 2010 model-year cars from GM's surviving brands, Chevrolet, Cadillac, Buick and GMC.