1970 Pontiac Gto Grille Emblem Original Gm No 477874 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.

Jaguar shuffles executives as it goes for growth (2013)

Jaguar-Land Rover has a new engineering boss and product delivery enforcer, as it gears up for an unprecedented new model push. Announced today and effective from 1 August 2013, Dr Wolfgang Ziebart becomes group engineering director, replacing Bob Joyce who moves into the new role of product creation and delivery director. Ziebart worked in R&D at BMW for 23 years, before moving onto key suppliers Continental and semi-conductor maker Infineon.

Hartmut Warkuss to receive 2014 EyesOn Design Catalyst Award

Hartmut Warkuss, former head of Volkswagen Design, will be awarded the 2014 Catalyst Award by EyesOn Design at next week's North American International Auto Show (NAIAS). Warkuss, who is credited with overseeing the design of the Bugatti Veyron, the VW Concept (new Beetle) and the Audi TT Concept, will be presented with the award by Peter Schreyer, Hyundai's president and chief design officer and the 2014 recipient of the EyesOn Design Lifetime Design Achievement Award. Schreyer, who met Warkuss when he was an intern at Audi in 1978, says, "He was chief designer at that time...