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Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

Mercedes-Benz to use Maybach name for range-topping S-class

Mercedes-Benz will be bringing back the Maybach name for the extra-long-wheelbase S-class, which is expected to go on sale by the end of this year. This version of the S-class will be a third bodystyle (out of an eventual total of four), and will be positioned above the V12-powered S600 and its AMG siblings. The Maybach-branded Mercedes-Benz personal limousine will essentially be a replacement for the Maybach 62, and will feature an entirely reworked rear section with new rectangular rear doors and a new rear passenger compartment with first-class seating.

2011 Hyundai Coupe – Hyundai Veloster – teased

The Hyundai Veloster - teased ahead of the Detroit Motor Show For all that Hyundai – and for that matter sister company Kia – have managed to become in the last few years, we need only look towards one car that signposted their potential – the Hyundai Coupe. Cheap as chips – certainly for what it offered – the Hyundai Coupe was a cracking drive and actually looked rather good. Some even claimed it was trying too hard and looked too much like a Ferrari.