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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Honda, Toyota, GM set pace as sales climb 14%

U.S. light-vehicle sales -- driven by double-digit gains at six of the seven biggest automakers -- rose 14 percent in July, just below forecasts but strong enough to keep the industry's recovery on solid ground. Honda Motor Co., Toyota Motor Corp.

2013 Subaru Forester: Price from £24,995

The new 2013 Subaru Forester, which debuted at the Los Angeles Auto Show in November, will cost from £24,995 in the UK for the Forester 2.0D X. Those improvements for 2013 include new bumpers and a bigger crease down the side, some new alloys and more toys, like a new Infotainment centre and a SatNav with reversing camera. But the big news is that the new Forester gets a new engine option too, a new 2.0 litre turbo petrol good for 240PS which should make the Foresters ‘last forever’ appeal more enticing when you can have fun forever too.