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McLaren P1 Concept is 97% production design (video)

At a private reveal of the new McLaren P1 Supercar in New York, McLaren has confirmed that 97 per cent of the P1′s styling will remain. McLaren has said that 97 per cent of the styling of the P1 Concept is exactly as the production version will look, with the only changes being some vents in the bumper to let hot air out and a tighter mesh on the grill at the back. The fac t that the P1 will stay faithful to the concept’s design already seemed evident after we had spy photos of the P1 visiting a McLaren supplier in Norfolk recently (and spy video of the P1 too), where we struggled to find anything different from the concept cars.

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.