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Chrysler recalls Jeeps for fire risk

Chrysler has decided to recall 2.7 million 1993 to 2004 Jeep Grand Cherokee and 2002 to 2007 Liberty models for a potential risk relating to the fuel tank placement between the rear bumper and rear axle. The recall is initiated 15 days after the automaker originally denied a request following a National Highway Traffic Safety Administration investigation. On June 4, one day after NHTSA's finding, Chrysler rejected the request in a media statement, stating the NHTSA's initial conclusions are based on “incomplete analysis of the underlying data.” Chrysler said the impacted models met or exceeded all applicable requirements of the Federal Motor Vehicle Safety Standards, including the ones pertaining to fuel system integrity.

KTM X-Bow – want a drive?

KTM X-Bow 'Drive Orange' track days at Brands Hatch and Silverstone KTM is an Austrian Motor Cycle manufacturer which has woken up to the possibilities of making a four-wheeled creation, and has been busy building and refining the X-Bow in collaboration with Dallara and Audi. Featuring a 237bhp, 2.0 litre Audi  TFSi unit – and coming in at a bit under £50,000 for the street version – its low weight (790kg) gives it supercar acceleration of around 3.7 second 0-60mph. There is even talk of a 380bhp version, which will put it up there with the Ariel Atom V8 we reported on recently.

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.