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The most expensive cars ever: Ferrari 250 GTO sells for $38 million
Fri, 15 Aug 2014By 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).
2015 Audi TT price and spec – costs from £29,770
Thu, 07 Aug 2014The new Audi TT is now on sale in the UK The third generation Audi TT arrived at the Geneva Motor Show in March as an evolution of Audi’s TT, and now it’s on sale in the UK from £29,770 with the first UK deliveries due in December. The new TT gets Audi’s all-digital virtual cockpit and a new chassis wrapped up in clothes that are new, but look familiar, and despite offering decent performance – even in the lower-end models – can manage as much as 67mpg on the official cycle. At launch there will be a choice of two trim levels – Sport and S Line – and a choice of two engines – the 2.0 litre TFSI with 227bhp and 2.0 litre TDI Ultra with 181bhp, with the 2.0 litre TFSI available with either front wheel drive or quattro four-wheel-drive with either a six-speed manual or six-speed S Tronic gearbox available.
GM and PSA announce four joint vehicle programs
Wed, 24 Oct 2012PSA Peugeot/Citroën and General Motors have confirmed they will develop four future vehicle projects as part of their ‘Global Strategic Alliance' as both parties grapple with dwindling sales and spiraling costs in the European market. The first is a joint program for a compact-class MPV for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand. The second project has been confirmed as a joint MPV program for the small car segment for Opel/Vauxhall and the Citroën brand.