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Ferrari 250 GTO #3851 GT disappoints at $38 million
Fri, 15 Aug 2014The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).
UK car manufacturing hits six-year high in 2013
Thu, 23 Jan 2014UK car manufacturing hits six-year high in 2013 The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012. That impressive total is made up from a wide variety of car manufacturers, from the volume producers like Jaguar Land Rover, Nissan, Toyota and MINI to smaller sales volume from supercar makers Aston Martin. In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.
On the 'road' carpet at the Cars 2 premiere
Mon, 20 Jun 2011Larry the Cable Guy was there! In place of the usual red carpet, stars of the movie Cars 2 walked down a "road" carpet--a two-lane black carpet complete with white-striped center line--at the movie's premiere on Saturday night in Hollywood, Calif. The usually traffic-clogged Hollywood Boulevard was closed for two blocks as limos dropped off the famous, the somewhat less famous and a bunch of people who were largely ignored by everybody.