Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Kia Motors appoints Peter Schreyer as President

Kia Motors has appointed the man who changed their design – former VW man Perter Schreyer – as President. When Peter Schreyer left VW in 2006 after a sparkling career that saw him establish the Audi design philosophy – still a hallmark of Audi design – to head up design at stodgy Kia, many in the industry thought it an odd move. But Peter Schreyer seemed keen to prove his worth after VW had passed him over to head up their new design studio, and Kia offered the prospect of turning a budget brand in to a mainstream force with cutting edge designs and, it would seem, a pretty free hand to do what it would take.

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.

BMW's new i concepts revealed

It was meant to be a modest, intimate affair for a select group of media. Yet as we flew to Frankfurt the day before the unveiling of BMW's i3 and i8 concept cars, it became quite clear that this was not to be the case. With hundreds of journalists flown in from all over, a live web broadcast to the rest of the globe, and, for the first time in history, the entire BMW board present in one room, project i is clearly vital to BMW's future product strategy.