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Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

Latest news on Fiat's plan to gobble up GM-Europe

By Tim Pollard Motor Industry 15 May 2009 10:18 With just over a fortnight until General Motors’ fate is sealed, moves to rescue GM’s European car making division are accelerating. Fiat – already named as the Obama-blessed partner for bankrupt Chrysler in the US – is now wooing Opel, Vauxhall and Saab in Europe. If successful, Fiat would overnight become the second biggest car making business in the world.

New Jaguar XE: First interior view & new Infotainment

The new Jaguar XE’s interior and new InControl Infotainment. The new Jaguar XE will be revealed on 8 September, and Jaguar has been busy teasing us with titbits of information on their new BMW 3-Series competitor, for example its lightweight aluminium structure and impressive economy. And today it’s time for a first look at the interior layout and details on a new Infotainment system.