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Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

Charles Morgan to appeal ousting by Morgan board (2013)

By Ollie Kew Motor Industry 18 October 2013 17:00 Charles Morgan, who was ousted by the Morgan Motor Company's board this week after a decade at the marque, has released a statement reacting to his forced departure, and confirming his intention to fight the decision. You can read the statement in its entirety below. Charles Morgan has posted a single entry on a personal blog, outlining his dismay at the decision, and announcing he will appeal against the board.

Peugeot 208 XY Concept – a 208 for the sybarite

Peugeot 208 XY Concept - Geneva bound The Peugeot 208 XY Concept – heading for a debut at the Geneva Motor Show – is Peugeot’s luxury take on the new 208. We’ve already had the concept for the new Peugeot 208 GTi as the performance extreme of the new 208 range, and arriving onside the 208 GTi on Peugeot’s Geneva stand will be the luxury extreme of the 208 – the Peugeot 208 XY Concept. The 208 XY looks like the second attempt by Peugeot (along with the GTi) to emulate the success Citroen has had with the C3 with the DS iconic badge, where style and performance combine with a lifestyle statement.