Jet Boat Bell Housing on 2040-parts.com

SRT Viper gets refresh in 2015, product plan shows

Chrysler Group will bolster the Fiat brand but has dropped plans to add Fiat-derived small cars for Chrysler and Dodge this year, according to a new long-range product plan revealed Wednesday. The new plan updates Chrysler's five-year North American product outlook that it presented in November 2009. The update extends the outlook into 2016.

2013 Ford Fiesta 1.0 EcoBoost to launch in U.S.

The 2013 Ford Fiesta with the 1.0 litre EcoBoost engine is to launch in the U.S. in the New Year after a debut at the Los Angeles Auto Show. Ford is launching the 2013 Fiesta facelift – complete with its new Aston Martin grill – in the U.S.

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).