66 Plymouth Barracuda Dash Instrument Cluster Gauge Frame on 2040-parts.com

Who's Where: Frank Stephenson to move to Fiat

Frank Stephenson, Director of Ferrari-Maserati Concept Design and Development, is to move to Fiat to become Head of the Fiat, Lancia and Commercial Vehicle Styling Centre, based in Turin. Fiat Auto has seen a number of senior management changes within the last week, as part of an overall restructuring of the group. These include the appointment of Karl Heinz Kalbfell, Chief Operating Officer of Alfa Romeo, who is to become Chief Executive Officer of Maserati and replace Martin Leach who is now leaving the Company.

Start up mobility van maker VPG shuts down

Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.