0703-098 Arctic Cat Snowmobile Front Lower Rh A-arm on 2040-parts.com

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.

New Ford Focus (2011 / 2012) at Detroit

The 2011 / 2012 Ford Focus - starts out as a saloon or hatchback The new Ford Focus – possibly the most important car in Ford’s history – debuts today at the Detroit Motor Show. Which is in itself an indication that the 2011 / 2012 Ford Focus will be the beacon for Ford’s ‘One Ford’ policy of producing basically the same cars for markets throughout the world. Scheduled to start production at the end of 2010 – and start hitting customer’s driveways in early 2011 – the new Ford Focus is just one of ten variations on the Global C Platform which Ford will launch in the next few years.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?