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Ford sees bump in sales of fuel efficient cars, vehicles with smaller engines

Ford customers are showing continued preference for new fuel-efficient models and powertrains with less muscle. Combined sales in May for the new Fiesta and Focus totaled 29,423--a 32 percent increase from a year ago. Ford sold 7,120 copies of the Fiesta and 22,303 of the Focus.

New Volvo P1800 revealed by Volvo’s chief designer

Volvo P1800 re-imagined Volvo’s Chief Designer at its Monitoring and Concept Centre has recreated the iconic Volvo P1800 for the 21st century to celebrate its 50th anniversary. The Volvo P1800 is perhaps the most stylish car Volvo has ever produced, and 2011 marks the 50th anniversary of the most unlikely of Volvos; a Volvo that was to The Saint what the Aston Martin DB5 was to James Bond. Designed to be eye candy for Volvo dealers hoping for more footfall in showrooms full of Amazons, the P1800 was designed by Pelle Petterson – the son of Volvo consultant Helmer Petterson and the driving force behind the Volvo P1800 project - who worked for Italian designers Pietro Frau.

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.