Ferrari 250 GTO Berlinetta Sold For US$38M

There is now a new titleholder for the most expensive car ever to be sold at an auction. Last Thursday, at the prestigious Bonhams Quail Lodge Auction, a red 1962 Ferrari 250 GTO Berlinetta broke the record when it brought the hammer down on US$38 million.

BMW Shakes Hyundai’s Tree

In what seems to be just a few short years, we have become accustomed to the relentless onslaught of Korean car companies as they push for global domination. Perhaps the most famous of them is the Hyundai Group, which only started making cars in 1967 and has now become the world’s fifth largest manufacturer. But it now seems that the once home market fortress is starting to crave more elite rides, with imports of BMW and Mercedes surging despite the overall market being stagnant at about 1.4 million units per annum.

Malaysian Car Owners Less Satisfied With (But Expects More) From Service Centres

The authorised vehicle service centres in Malaysia had better buck up! A recent study has found that their customers are increasingly dissatisfied with the service that they provide. The J.D. Power Asia Pacific 2014 Malaysia Customer Service Index (CSI) study measures the overall satisfaction level of new vehicle owners who had experienced the service of authorised service centres, whether maintenance or repair works, within the first two years of purchasing their cars.