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Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.

Peugeot designers showcase 208's attributes

Peugeot's all-new 208, which will replace the 207 in the Spring of next year, is an important car for the French firm. With a more dynamic design than its forebear, the new 208 is both lighter and smaller than its predecessor, aiming to embody ‘the principles of agility and efficiency', Peugeot claims. In the video to the left head of design Gilles Vidal and designers Pierre Authier, Anna Costamagna and Sylvain Henry talk us through some of the key design elements of the new B-segment car.