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Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

Nissan Townpod concept preview

Nissan has just released this image of its new Townpod concept, which offers insight into how the brand could expand its portfolio of zero-emission vehicles. It will be displayed at the Paris motor show.  Designed to offer zero-emissions mobility to a future generation of home-based, innovative entrepreneurs who are creative and tech-savvy, the Townpod "combines eye-catching design with a spacious and practical interior," Nissan says. "[It's] more than just a car and it's more than just a van – it heralds a new-era of flexible, stylish vehicles that will bring electric-vehicle mobility to the masses." We'll bring you more information, our critique of the design and our own unique photographs of the Townpod in a few weeks' time.

Michelin Recognizes CCS Student Talent

Five senior students from the Transportation Design Department of the College for Creative Studies (CCS) in Detroit have won prestigious design awards at the 21st Annual Michelin-CCS Design Competition. The creative brief for the competition theme "Electrifying - Beautiful, Innovative and Radiant" required the students to submit electric vehicle design solutions they could realistically envision driving in the year 2020, as well as designs which addressed a specific transportation problem or opportunity. Each student also submitted a separate tire/wheel assembly based on Michelin's Active Wheel technology.