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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.

One-fourth of U.S. drivers have trouble paying for auto repairs, AAA says

Americans have difficulty paying for costly vehicle repairs and are driving older cars longer, according to a survey released by AAA. One quarter of American drivers said they would be unable to pay for repairs to their vehicle of more than $2,000, and one in eight said they would be unable to pay for repairs of more than $1,000, the survey said. More than half of drivers said they are still driving an older vehicle “because they do not want the financial burden of a new one,” the survey said.

Mercedes E-Class Cabriolet (2010 / 2011) Official

First official pictures of the Mercedes E Class Cabriolet 2010/2011 Well, it had to happen soon. The reveal of the new Mercedes E-Class Cabriolet, that is. We’ve had the teaser bits on the new AirCap system a few days ago which pretty much showed the car in production form, so Mercedes has got their act together, sent us a heap of pictures and a press release.