Volkswagen 1c0945071k Genuine Oem Factory Original Marker Lamp on 2040-parts.com

Auctioned Ferrari Dinos fetch more than £380,000

TWO FERRARI Dino cars have sold for a combined £383,000 during the same auction, despite one of them needing significant restoration. The model has in recent years become a golden goose for any owners lucky enough to have acquired one years ago, and the latest Silverstone Auctions sale shows what a cash cow even poor condition examples have become. A recently-restored 1971 Dino topped £250,000 inclusive of its buyer's premium, while the rusting form of a 1973 version still brought about a £132,500 sale.

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Hyundai BlueOn (Hyundai i10 Electric) revealed

The Hyundai BlueOn EV Hyundai reveals the all electric Hyundai BlueOn in South Korea. With lots of fanfare about this being ‘South Korea’s first all electric car’ and intimating that Hyundai is fully committed to an electric future. Which of course is poppycock.