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Toyota sets Nurburgring record... for fuel economy

WHATEVER else you might say about Toyota, it seems the brand has a sense of humour. Driving enthusiasts will hand their (petrol)heads in shame after Toyota completed the 12.9-mile German track at an average of 698mpg. The embarrassingly pedestrian time of 20 minutes and 59 seconds was set by motor journalist and Japanese car expert Joe Clifford, and since Toyota is the first to shame itself with a fuel economy run at the heart of performance car testing, it automatically sets a new efficiency record.

Kia at the London motor show 2008

Kia Soul Burner: it's a lightly modded version of Kia's new junior Qashqai coming in later 2008 By Gavin Green Motor Shows 23 July 2008 01:32 Expansionist Kia shows no sign of slowing down its forays into the European car market – and the London show provides more evidence of what's to come from the Koreans. What’s new on Kia's London motor show stand?  Nothing. But the Kia people are proffering photos of the new production Soul, set to make its show debut at Paris in autumn 2008.

Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.