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Ferrari 550 Barchetta Zagato GTZ sells at Bonhams

The Ferrari 550 Barchetta Zagato GTZ - fetched £350k at Bonhams Regular readers may remember that we exclusively reported that Zagato were working on five Ferrari 550 Barchettas to create the Ferrari 550 GTZ just over a year ago. That report caused all sorts of grief as Zagato and their photographer threatened us with all manner of hellfire and brimstone for spoiling their secret. The resulting grief meant we had to take down their photos, but our story stood.

BMW's new 5-series next for hybrid power

The new BMW 5-series being launched this winter is likely to be the next BMW to receive the ActiveHybrid system pioneered on the petrol-electric 7-series and X6 models. BMW engineers admit they can't rely on sales of the pricey hybrid 7-series and X6 to justify the development costs, even though these range-topping halo hybrids were jointly developed with Daimler and GM. Senior sources have indicated that the new 2010 5-series will be the next BMW to get an ActiveHybrid model.

General Motors halts Hummer production until sale is completed

General Motors will stop production of Hummers at the end of this week as the automaker waits for Chinese regulators to approve the brand's sale to Sichuan Tengzhong Heavy Industrial Machinery Co. Output of Hummer H3 and H3T models at GM's Shreveport, La., plant will resume once the pending acquisition is completed, Hummer spokesman Nick Richards said. Richards declined to specify what issues remain to be approved by the Chinese government.