1953 Packard Clipper Deluxe Rear Fender Emblems on 2040-parts.com

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.

Ssangyong relaunches brand with Giugiaro-designed Korando

Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.

VW Up SUV & Cross Coupe SUV to go in to production

VW Up SUV planned based on Buggy Up Concept Volkswagen are to add two new compact SUVs to their range below the Tiguan, expected to be the VW Up SUV and Cross Coupe. There’s no question that one of the biggest new markets for cars is the compact SUV. From the Nissan Juke to the Vauxhall Mokka to the Ford EcoSport there seems to be an endless appetite for butch little urban warriors.