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Ferrari 400 Superamerica sells for £2.3 million

The 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB - record price The world’s in the depths of the worst recession in a generation (or three). Banks aren’t lending to anyone who needs it – just to those who don’t. The Greeks are up in arms at the prospect of actually paying any tax and the Euro is on the edge of collapse (actually, the Euro was always an accident waiting to happen).

Porsche and Mercedes-Benz proposals for China Family Car Project explored

Today's Chinese car industry is barely recognizable from that of 20 years ago, and the country is now the biggest market in the world. But in 1994, when the industry was still in its relative infancy, the Chinese government launched the 'China Family Car Project', inviting 20 major Western carmakers to develop proposals for a five-seat, cheap and environmentally-friendly family car for the Chinese market. The chosen proposal would be made in China under a joint venture with First Auto Works (FAW).

New Peugeot 301 introduces new Peugeot numbering

Peugeot 301 The new Peugeot 301 saloon is revealed ahead of a Paris 2012 debut, launching Peugeot’s new numbering for its models. It’s not a car we’ll be getting in the UK and Europe, but the new Peugeot 301 is important nonetheless as Peugeot expect it to be one of their biggest sellers. Coming in at 4440mm long – which is a bit bigger than a 308 but smaller than a 508 – the Peuegot 301 is a saloon car that’s being built in Spain and aimed at the car markets in Turkey, Eastern Europe, Russia, Ukraine, Greece, Middle East and Africa.