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Chevrolet Sonic at the 2011 Detroit auto show

One of GM's numerous debuts at the 2011 Detroit auto show was this: the Chevrolet Sonic. Shown as a hatchback and four-door notchback, it's one of The General's weapons to tackle the now-globalised Ford Fiesta and its ilk. Good spot. That's because this is the US-spec Aveo - albeit shown in US-only notchback form as well as the more Euro-flavoured hatchback.

BMW delays X3's U.S. launch to push custom orders

BMW is delaying the U.S. introduction of the redesigned X3 to launch a system designed to encourage buyers to custom-order the crossover to their specifications, says Jim O'Donnell, president of BMW of North America. The delay could put the X3 in U.S.

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.