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Chris Evans buys Ferrari 250 GT California for £5m

By Tim Pollard Motor Shows 19 May 2008 10:36 The ginger motormouth is a well known fan of scarlet sports cars, but even we were surprised when UK broadcaster Chris Evans splashed out £5 million on an immaculate 1961 Ferrari 250 GT SWB California Spyder. Evans blew €7,040,000 on the black sports car, the thirteenth of just 56 built. It was the inspiration for Ferrari's latest 2+2 GT, the new California unveiled in May 2008.The car was sold at this weekend's second annual Ferrari Leggenda e Passione event at Maranello, the specialist auction of all things Ferrari and Maserati.

Volkswagen buys stake in Suzuki

Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.

Hyundai i20 and ix55 (2008) first pictures

By Ben Pulman First Official Pictures 03 September 2008 11:21 This is Hyundai’s i20, the Korean company’s replacement for the Getz supermini. The new i20 will debut at the Paris motor show in October 2008, along with a plethora of low-emissions concepts and a new seven-seat 4x4. Sitting on an all-new platform with a wheelbase longer than the existing Getz, the i20 is Hyundai’s Ford Fiesta rival.