Powerbuilt® 1/2" Drive X 36mm Axle Nut Socket - 648472 on 2040-parts.com

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

Exclusive: Pierre Castinel resigns from Head of Design role at Tata

Tata's Head of Design, Pierre Castinel, has resigned from his post to accept a position at PSA, Car Design News has learned. Castinel was originally hired to develop the design direction and form a brand identity for Tata's full line of vehicles, including cars, pickups, SUVs, MPVs, trucks and buses, but things haven't been going well at the Indian automaker. According to insiders, Tata closed Castinel's design studio in the British midlands last year, forcing the UK-based team to move into the automaker's engineering center in Warwickshire.

Umeå Institute of Design degree show 2011

The annual graduation exhibit for the Umeå Institute of Design began last week. With just nine automotive students amongst those receiving honors, the concise yet elaborate degree show was unequivocally Scandinavian. Marking the show's opening, the two-day event featured a presentation by Richard Seymour (of Seymour Powell), student presentations, copious amounts of local cuisine, and a break-dancing interlude.