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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).

Mitsubishi Delica D:5

Arriving in Japan early next year is the new Mitsubishi Delica D:5, the fifth generation of a model series that began in 1968, and the third new model the company has launched this year after the eK Wagon and Pajero. Mitsubishi says the Delica was developed to 'fuse the comfort of a minivan with the powerful performance of an SUV' and uses 2.4-liter engine with four-wheel-drive. The styling of the Delica takes its cues from the Mitsubishi Concept-D:5 unveiled at the 2005 Tokyo Motor Show, with strong graphics and perched stance.

Nissan Juke Nismo revealed – more Nismo cars on the way

Nissan Juke Nismo - the first of a range of Sporty Nismo cars Nissan has revealed the Nissan Juke Nismo – a sportier take on the compact SUV – and has plans to produce Nismo cars across their range. Just so we’re clear: The Nissan Juke Nismo revealed this morning is nothing like the Juke/GT-R love child Juke-R madness we’ve reported recently; the Juke Nismo is much more mainstream. Probably best to think of Nismo as Nissan’s version of Infiniti’s IPL – a performance line of cars – to add a little more pizzaz and appeal to mainstream cars.