Michael Schumacher's Bugatti EB110 sale for 600,000 Euro

Formula One legend Michael Schumacher put his Bugatti EB 110 SS (Sport Stradale) for sale for 600,000 Euro ($761,940). The supercar is supposed to be in better-than-new condition.

This striking yellow Bugatti EB 110 was bought by Schumi in 1994 who used it in his private life for almost ten years. But he apparently hardly ever used the car as the mileage seems to be not even 5000 km.

Based on the EB 110 which was unveiled in 1991, the Bugatti EB110 SS is a mid-engine supercar with 60-valve, featuring a 3.5-litre quad-turbo V12 engine and 6-speed manual transmission. The supercar delivers 661 hp at 8,000rpm and can sprint up to 100 km/h in only 3.2 seconds with a top speed of 355 km/h. Aerospatiale France helped develop the carbon fibre chassi while Michelin constructed the custom made tires. The seats can be equipped with 4-point harness.

This Bugatti car is the only EB 110 SS with the luxury interior of the GT model and it seems that only 33 units are believed to have been produced.

2010 Alfa Romeo Spider Design

Three designers from the "Politecnico di Milano" University named Alberto Gaiani, Massimo Paparella and Michela Zedda have been Involved in a project in conjunction with Alfa Romeo and came up with this roadster that may be a thorn in the side of many cars should it come into production.

They come with a new project, which is a new and a smaller Alfa Spider. The design is a rougher, but still pleasing alternative.

According to Samuel Codegoni, who is a teacher at the university, "One of the main ideas that drove this project was to express a sense of tension in action. This decidedly moves away from the first production model takes as a reference: the iconic Duetto of the 1960's - the second reference was the Alfa Spider from the '90s, with its typical wedge-shaped profile."

India car sales growth at 10 year high

India's car sales rose 39.5 percent in April over last year -- the biggest jump in a decade but headwinds from rising costs are starting to drag on India's auto boom.

April car sales hit 143,976, up from 103,227 vehicles a year earlier, the Society of Indian Automobile Manufacturers, a trade group, said Monday.

Overall passenger and commercial vehicle sales were 231,267 in April, up 39.4 percent from 165,868 vehicles a year earlier.

India's sustained auto boom has attracted auto majors from around the world, including Ford, Nissan and General Motors, who are all trying to build smaller, more affordable vehicles to tap growing appetite for cars in Asia's third-biggest economy.

Despite impressive annualized gains, 13.2 percent fewer vehicles were sold in April than in March, when sales hit 266,471 vehicles.

"There should not be euphoria," said Vishnu Mathur, the new director general of the Society of Indian Automobile Manufacturers. "We are seeing an initial process of moderation of growth rates. You cannot sustain such high growth rates forever."

For one thing, auto sales last April were unusually low, thanks to the global recession. For another, commodity prices are likely to continue to rise as the global economy recovers, despite efforts by the Indian government to contain costs, Mathur said.

"We expect double digit growth happening, but in more moderate quantities," he said.

Most Indian auto majors have passed higher costs -- from commodities used in manufacturing, a change in emissions norms and a tax hike -- on to consumers, Vaishali Jajoo, an analyst at Mumbai's Angel Broking, said in a research note.

Despite higher costs, strong consumer confidence, available credit and new vehicle launches -- like the Manza sedan from Tata Motors and the Eeco van from Maruti Suzuki -- helped sales, analysts said.

Maruti again dominated car sales, accounting for 47.7 percent of all cars sold in India in April.

Tata, India's largest commercial vehicle maker, reported 52.5 percent total volume growth, driven by a 63.1 percent surge in medium and heavy commercial vehicle sales.

Overall commercial vehicle sales jumped 64.5 percent in April to 49,086 vehicles, a reflection of India's rebounding economy and priority spending on infrastructure.