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Hammer Falls On Record Silverstone Auctions Sale

RECORDS were broken at the recent Silverstone Auctions event, as the two day sale generated more than £5 million and secured some of the highest prices seen to date. One highlight of the sale was a 1979 Ferrari 308 GTS, which was hammered away for a premium inclusive £82,225 - more than £50,000 over its lower estimate and a world record for the model. Not to be outdone, a 1989 Ferrari 328 GTS sold for a premium inclusive £77,050, breaking another world record.

Audi A7 – Spy Video

We have spy video of the new The Audi A7 (below) The Audi A7 seems to have been coming for a long time now. A swoopy, four-door coupe it’s yet another of Audi’s attempts at niche-filling, and is aimed straight at rivals such as the CLS from Mercedes. We heard rumours that the A7 would make an appearance at the Detroit Motor Show this month – but it didn’t – and the speculation has now moved on to the Geneva Motor Show in March.

Who's Where: Peter Schreyer appointed President of Kia Motors

Peter Schreyer has been been appointed President of Kia Motors after holding the position of Chief Design Officer since 2006. Schreyer is the first non-Korean to hold the position within the company and one of the highest-ranking designers in the history of the industry. Schreyer, who is now 59, moved from the VW Group to transform the historically 'dull-but-worthy' Kia product range into one of the strongest and most design-led in the industry through stand-out production cars such as the Picanto and Sportage as well as a diverse range of concepts from Pop to GT.