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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.

Win a luxury weekend watching top motorsport

CAR has teamed up with Michelin, the headline sponsor of CAR’s Performance Car of the Year 2010, to offer an irresistible prize for enthusiasts. And there are only a few hours left for your chance to win! This is your chance to win a weekend away in the Midlands, staying at a top hotel, eating at one of the UK’s finest restaurants and watching top-line motorsport.

Future products: Suzuki Swift on hold as VW reviews plans

American Suzuki's product plans are murky--partly as a result of Volkswagen's acquisition of 20 percent of Suzuki Motor Corp. this year and partly because of the growing strength of the yen against the dollar. The Swift, a small car popular in Europe and Japan, was scheduled to go on sale in the United States this year.