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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Changan Raeton

Changan is predominantly active in the small car market, but the mid-sizes Raeton is aimed at entering the official and private vehicle markets, measuring in at a length of 4,920mm, a width of 1,825mm, while the car stands at 1,500mm tall riding on a wheelbase of 2,800mm. The development was based on the automaker's CD1-platform and was completed in its Turin-based European Design Centre, under the direction of Luciano D'Ambrosio and Chen Zheng. As early as the 2009 Shanghai auto show, Changan unveiled its CD101 concept car in attempt to explore the future design of the mid-size sedan.

Saab 9-X Air concept

We saw the 9-X BioHybrid concept at Geneva, and at Paris we can expect to see this car as a cabriolet version called the Saab 9-X Air Concept. The core innovation in this design is the roof which in Saab's words is: "a powered, flat-folding roof developed from a Targa top principle". Relating to this, the rear C-pillar buttresses are also unique.