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1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.

Kia GT revealed ahead of Frankfurt

Kia GT Concept - it's a cracker We proclaimed the Kia 4-door Concept, revealed last month, as the arrival of Kia as a credible maker of cars other than eco-boxes. And so it is, with the arrival of the real deal – the Kia GT. The Kia GT has been revealed ahead of Frankfurt, and it looks every bit as good as the promise in the original teaser image we saw of the then Kia 4-door Concept.

Eterniti Motors: a new UK-built luxury SUV (2012)

A new British car company will launch at the 2011 Frankfurt motor show - Eterniti Motors - and its first car will be a luxury crossover. Incredibly, the new bespoke manufacturer will be based in London, where it says it will design and assemble its new top-end cars. The first model, which doesn't have a name yet, will be a crossover in the mould of the Lagonda SUV: a £150,000-200,000 luxury 4x4, based on the mechanicals of a mainstream crossover.