14 1970's/1980's Gmc Heavy Duty Truck Brochures Astro 95, General & More on 2040-parts.com

New Peugeot 208 production cut as sales disappoint

Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.

Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.

Bugatti Galibier could get 1400hp

The Bugatti Galibier – Bugatti’s four door saloon – is still on the way and could get as much as 1400hp. It’s three years since the Bugatti Galibier first arrived on the scene, since when we’ve had rumour and counter rumour about when, or indeed if, Bugatti’s four-door supercar saloon would go in to production. But the production of the Galibier has never really been in doubt, although it was never likely to happen until the Veyron was on its last knockings.