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Classic Ferrari becomes most expensive car ever sold in UK

This 1957 Ferrari 250 TR – or Testarossa – has just become the most expensive car ever sold in the UK outside of an auction. The exact figure paid is undisclosed, but is said to be in excess of the previous record-holder, a Ferrari 250 GTO that sold for £22.5 million in 2012. Yes folks, if you’ve got the cash, classic Ferraris are where it’s at in the investment world right now.

BMW M4 Convertible revealed. Price from £60,730

The BMW M4 Convertible (pictured) revealed We reported last month that the new BMW M4 Convertible would debut at this year’s New York Auto Show, and here it is ahead of that debut complete with trick folding metal roof, 425bhp and a price tag that just nicks over the £60k line. A direct replacement for the old M3 Convertible, the M4 Convertible will cost you just over £4k more than the M4 Coupe, but for the extra money you get the same car but with infinite headroom – and a big weight penalty. The new 3-piece metal folding roof can be tucked away in a mere 20 seconds at the flick of a switch, with better noise insulation than the M3 Convertible had and more room in the boot when the roof is down too.

Cadillac to update logo?

Cadillac is working on the first major change to its logo in more than a decade, pruning away the classic laurel wreaths that surround its crest, several sources told Automotive News. The modified emblem is likely to appear on a concept vehicle that Cadillac plans to show next month at the Pebble Beach Concours d'Elegance in California. The redesigned badge would appear on production cars no earlier than the 2015 model year, and the plans could change, the sources said.