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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.

Porsche 911 Speedster arrives +Video

The Porsche 911 Speedster will debut at Paris We were beginning to think that Porsche would keep the Porsche 911 Speedster under wraps until the Paris Motor Show kicks off proper next week. But in the end they couldn’t resist unveiling the big brother to the Porsche Boxster Spyder (a Speedster in all but name) with a week to go ’til Paris. We’ve been expecting the first 911 Speedster from Porsche in almost a generation since we first reported back in June that we would see the Porsche 911 Speedster rocking in for Paris, along with the 911 GTS.

2011 Jeep Grand Cherokee revealed!

It's coming in June, and now we finally know what it looks like: Chrysler released images of the 2011 Jeep Grand Cherokee on Wednesday afternoon. The Grand Cherokee is pretty much as expected--a modern take on the iconic flagship off-roader with an edgier grille and headlights, more sculpted door panels and updated wheel wells. The 2011 Grand Cherokee was first shown at the New York auto show a year ago, and since then, the Jeep has been touted as one of the most critical vehicles for the new Chrysler, which emerged from a brief bankruptcy last year.