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New VW Golf GTI: Price from £25,845

Volkswagen has revealed that the 2013 Golf GTI MK 7 will cost from £25,845 – £195 up on the old GTI – with the GTi Performance from £26,825. For the first time you’ll get a choice of power levels for the GTI, with the regular GTI getting a 2.0 litre TSI with 217bhp and the GTI Performance coming with 227bhp, gets bigger brake discs and a limited slip diff. Performance from the regular GTI is 0-62mph in 6.5 seconds and a top speed of 152mph, whilst the GTI Performance cuts that time by 0.1 seconds with both versions offering 44.1mpg official consumption with the six-speed manual ‘box.

Rare Ferrari sells for staggering £10 million

A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.

2013 Ford Mondeo – first photo, and it’s not the 2013 Fusion

First photo of the 2013 Ford Mondeo The North American Ford Fusion has been revealed at Detroit, but we have the first photo of its European cousin – the 2013 Ford Mondeo. We’ve covered the reveal of the 2013 Ford Fusion from the Detroit Auto Show and pointed out that, to all intents and purposes, the Fusion North America gets is pretty much the same car we’ll see as the 2013 Ford Mondeo. But just so there’s no confusion, we’ve got the first photos of the 2013 Mondeo in pre-production guise, just so you can see how similar the Mondeo will be to the Fusion.