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IIHS gives Camry, Prius v hybrid poor safety rating

Thirteen mid-sized cars have earned high marks on the insurance industry's newest frontal-crash test, but a pair of Toyota models tested fared worse than the rest. The so-called small overlap test involves crashing the front corner of a car into a barrier at 40 mph. The Insurance Institute for Highway Safety devised the test to simulate a collision with a stationary object such as a tree or a utility pole.

Chevrolet Prisma

While Europe moves onto the fourth generation Opel Corsa, GM do Brasil has used the second series of the B-segment car as basis for the new Chevrolet Prisma. Unveiled at the recent Sao Paulo Auto Show, the small four-door sedan uses the 12-year old platform to compete with the Dacia Logan, which will go on sale in Brazil next year along with a host of rivals from China. The styling is largely derivative, the rear in particular owing to Ford and Honda products.

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.