Jaguar Manual Mark Vii And Xk 120 on 2040-parts.com

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Send CAR's Christmas e-cards for free!

What do you send your petrolhead mates for Christmas? Easy. Ping them one of our Santa's sleighs designed by world leading car designers and commissioned exclusively for CAR Magazine.  Choose from Christmas sleighs by Aston Martin, Audi, Bentley, Ford, Jaguar, Land Rover, Nissan, Rolls-Royce and Vauxhall – there's something for everyone with even a drop of petrol in their veins.We've refreshed our e-card software this year, letting you send as many cards as you like via email to your friends and family across the globe.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.