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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.

Tesla Eye showcar by IED

The Istituto Europeo di Design (IED) was the only university to have a stand at the recent Geneva motor show. Occupying a booth in the center of the upper main hall, the school showcased the Eye concept, a recent project designed by students in the Master of Arts Transportation Design program in collaboration with Tesla Motors. According to IED, the Eye concept was born out of research into the identity promoted by Tesla to achieve a new objective: designing an everyday 2+2 sports car conceived to become a status-symbol; a car with engaging features and sports car performance ideally suited to a young, cosmopolitan target demographic.

Google boss says Mercedes has ‘Magical Software’

Google's Vic Gundotra praises the Mercedes S-Class The common perception is that everyone at Google drives a Prius or an EV or has no interest in anything as last century as personal transport. Google has a fleet of eco-cars – plug-in Evs and range extenders – for employees’ use and runs a biodiesel shuttle for ‘Googlers’ to get to work. It’s also been busy building recharging points in and around its home in Mountain view.