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New Ford Mustang for Europe gets 500 orders in first 30 seconds

The new Ford Mustang (pictured) was much in demand. The new Ford Mustang effectively went on sale in Europe at the UEFA Champions League final at the weekend, and it was an overwhelming success for Ford. Not only did Ford get the first 500 registrations – enough for the entire initial European offering – in the first 30 seconds,  it ended up with a total of 9,300 registrations during the match, and Ford say the lucky 500 ‘winners’ – 130 of them in the UK – will be notified in the next few weeks if they’re getting a new Mustang.

Bajaj RE60

Bajaj, the Indian manufacturer most famous for its two- and three-wheeled exploits, has now turned its attention to the automotive sector. The RE60 is the end result of a four-year development that first began with partner Renault-Nissan and the Lite concept, before moving solely in-house. The sub-400kg car is powered by a rear mounted engine and was conceived, originally, as a rival to the blighted Tata Nano.

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.