Home grown street racer is half the price of a Koenigsegg

British/Iranian entrepreneur and car manufacturer Arash Farboud - the man who famously bought a Bugatti Veyron over the phone while going through a McDonalds drive-thru - revealed his latest supercar, the AF-10 as a concept car at the 2007 British Motor Show. From mid-2009, punters with a spare £172,000 knocking about will be able to claim one as it goes into production. That’s about a third of the price of the Enzo Ferrari, the car from which it borrows much of its aesthetic design.

The AF-10, hand-made in Cambridge, will house a thirsty seven litre V8 (taken from a Corvette Z06) which will give 530bhp, a top speed

New model has less junk in the trunk

Renault prided themselves on the Mégane’s oversized derrière, but it appears they have dumped the voluptuous ‘J-Lo‘ look for something a little more ‘Noemie Lenoir‘. How very French.

The new Mégane, which will be premiered at the Paris Motor Show and in showrooms by November, appears to concentrate its aesthetic energies at the front of the car - the steep headlights and aggressive dished bonnet steal all the attention, while the rest of the car looks a little, well, bland.

We’re big fans of the current model, and feel that it has lost quite a lot of character with these toned-down stylings. Do you agree? Check out a few more pictures after the jump then let us know with a comment.