Oem Gm Bowtie Grill Emblem 15530936 on 2040-parts.com

Mitsubishi closes California design studio

Mitsubishi Motors Corp. closed its design studio in Cypress, CA last Thursday – just one month shy of its 25th anniversary. A result of the recent downturn in the global economy, the closure of the facility will eliminate 33 design positions as part of a personnel cull that has seen 60 people within the automaker's US operations lose their jobs.

Ferrari 599 GTO Limited Edition

The Ferrari 599 GTO. Just 500 will be built There have been rumours flying around for quite some time that Ferrari are working on a special, limited edition 599. We’ve had the 599 HGTE recently and also the development special Ferrari 599XX.

McLaren F1 GTR Longtail sells at Gooding & Co for $5.28 million

McLaren F1 GTR Longtail (pictured) sells at Gooding & Co for $5.28 million Even with the arrival of the new McLaren P1, the ultimate supercar is still the McLaren F1. The McLaren F1 is one of rarest of the more modern supercars, and McLaren produced just 64 road going F1s in addition to a number of racing versions, with the F1 GTR Longtail the last, and rarest, of the breed. So the arrival of a McLaren F1 GTR Longtail on the auction block at Gooding & Co’s sale in Scottsdale raised expectations of a possible record-breaking price for the GTR Longtail, with pre-sale estimates putting the price between $5 and $7 million.