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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

Mitsubishi Lancer Sportback Ralliart: the first pictures

By Dimitri Pesin First Official Pictures 11 June 2008 14:39 Mitsubishi has unveiled its new Sportback today, in both Ralliart and hum-drum regular form. The former, the Ralliart version, is a cut-price hot-hatch with Evo looks, but a more mainstream price. It will also be available in four-door saloon form, but not in the UK.

Ford brings stop/start system to U.S.

Ford will equip many of its U.S. cars and SUVs with stop/start technology, beginning in 2012, which automatically shuts down the engine when the vehicle comes to a stop, cutting down on fuel use and emissions. The technology, which Ford calls Auto Start-Stop, will be available with either manual or automatic transmissions.