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Ferrari 250 GTO sells for $35 million
Sat, 02 Jun 2012A 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.
Ford Mondeo facelift (2011): first news and photos
Fri, 25 Jun 2010By Tim Pollard First Official Pictures 25 June 2010 12:40 Ford has just issued these first pictures of the new, facelifted for 2011 Ford Mondeo. The revised Mondeo will be shown at the 2010 Moscow motor show in late August and will arrive in UK showrooms in October 2010.What's new on the 2011 Ford Mondeo?This is the first time we've seen the full-fat 237bhp 2.0-litre EcoBoost petrol engine in the Mondeo; a 200bhp version of the same turbo four will also be offered; and a new 198bhp 2.2-litre Duratorq TDCI engine also joins the ranks.The range-topping 237bhp EcoBoost engine has a CO2 rating 179g/km of CO2 and comes with only one transmission option – Ford's twin-clutch Powershift 'box. Finally, Ford is catching up with the rampant roll-out of DSG gearboxes at rival mass-market specialists Volkswagen.Mondeo styling is fettled all round, too, with a more modern iteration of Ford's kinetic design borrowing cues from the S-Max et al for a crisper look.
GM slashes production, 13 plants to get extended shutdowns
Thu, 23 Apr 2009General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer.


