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One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.

Toyota condemns the Electric Car

Electric cars - like the Reva NXG - are not a viable mass-market option. Toyota’s head of R&D in Europe – Masato Katsumata – said in a speech that the electric vehicle won’t be a mass-market phenomenon, and that the future – at least in the coming decades – will be petrol engine hybrids. “We don’t see any short-term breakthrough in battery technology” he said.

Audi A5 gets new TDIe engines & SE Technik spec

Audi A5 TDIe offers more efficient engines in Sportback & Coupe Audi has made the A5 Coupe and Sportback even more efficient with two new TDIe engines and SE Technik specification option. We’ve only just reported the powerful BiTurbo 3.0 litre diesel engines for the Audi A6 and A7, and now we get news from Audi of diesel engines at the other end of the spectrum with new, more efficient TDIe engines for the Audi A5 Coupe and A5 Sportback. The new efficient TDIe engines come in either a 136PS or 163PS versions, with fuel economy as impressive as 64.2mpg in the A5 Sportback 2.0 TDIe 136PS.