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Ford GT40 prototype sold for £4.2 million

One of four original Ford GT40 racer prototypes has sold at auction in the US for a staggering $7 million. That's £4.2 million. The Ford GT40 is famous for several things – being the product of Ford’s frustrated attempt to buy Ferrari, becoming an enormously successful Le Mans winning racing car and standing just 40 inches tall.

BMW introduces diesel 2015 X3 before Chicago Auto Show

BMW's successful X3 SUV is getting new features for 2015, the company said on Wednesday before the Chicago Auto Show. For the first time in the U.S., a diesel engine will be offered on the midsized 'ute, as will a lower-cost rear-wheel drive model. The BMW X3 xDrive28d -- quite a mouthful -- will deliver 180 hp and a robust 280 lb-ft of torque using a 2.0-liter, TwinPower turbo diesel engine.

Ford’s 1.0 litre EcoBoost engine now going in to 1 in 5 new Fords

Half the Ford B-Max (pictured) sold get the 1.0 litre EcoBoost engine Who’d have thought, just a few years ago, that a 1.0 litre, 3-cylinder engine would become one of the most popular engines in a new car in Europe? But that’s exactly what’s happened with the increasingly impressive 1.0 litre EcoBoost from Ford which, as its power output has increased, has become a more and more popular engine of choice. The little Ford EcoBoost even seems to have persuaded buyers that they should forsake dirty diesel engines for it, and Ford has fitted 120,000 in the first six months of 2014 with almost half B-Max models, a third of Focus and 30 per cent of Fiestas getting the little wonder.