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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.

Volvo S60 Concept car (2008): first official photos

By Simon Stiel First Official Pictures 24 November 2008 11:41 Volvo today releases the first exterior photograph of its new S60 Concept car that will appear at the Detroit motor show in January 2009 – ahead of a showroom launch in 2010. Last month, teaser photographs revealed the interior of the S60 concept car, but now we’ve got a glimpse of its exterior lurking in the shadows. Some have criticised the S60 for looking too similar to the S80 and other Volvos and this new model is designed to address that. Volvo is seeking a racier image and, we hear, is setting its sights on the Audi A4 and BMW 3-series (a task its predecessor never cracked).

Chevrolet Corvette C7 mule caught testing

Editor's Note: The video attached to this story has been removed from Youtube and is no longer available. Chevrolet's C7 Corvette was caught testing out on the open streets, and Autoweek has the video. From the short YouTube clip, this C7 Corvette appears to be wearing different wheels than the C7 that Autoweek published photos of earlier this year.