Mustang 64-66 Lh Running Horse Emblem From Scott Drake on 2040-parts.com

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 and Mercedes-Benz proposals for China Family Car Project explored

Today's Chinese car industry is barely recognizable from that of 20 years ago, and the country is now the biggest market in the world. But in 1994, when the industry was still in its relative infancy, the Chinese government launched the 'China Family Car Project', inviting 20 major Western carmakers to develop proposals for a five-seat, cheap and environmentally-friendly family car for the Chinese market. The chosen proposal would be made in China under a joint venture with First Auto Works (FAW).

Fiat Panda (2012) first official pictures

This is Fiat’s new 2012 Panda – incredibly, only the third generation of Panda in the range’s 31-year history. Not that buyers seem to mind the glacial rate of progress: Fiat has sold 6.5m Pandas over the past three decades. The new 2012 Panda squeezes more space into the compact footprint; it’s 3650mm long, 1640mm wide and 1550mm high – enough, says Fiat, for five passengers and the biggest boot in segment.