Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

Pebble Beach Concours d'Elegance 2013: in pictures

Every year the Pebble Beach Concours d'Elegance names its Best in Show and this year a 1934 Packard 1108 Twelve Dietrich Convertible Victoria took the crown. The Packard Twelve is considered as one of the finest automobiles produced by Packard and the judges felt this example stood out, even in such illustrious company. Click through the gallery for more pics of the 2013 Pebble Beach Concours as it happened...

McLaren 50 12C & 12C Spider celebrate McLaren’s 50th anniversary

McLaren say they will be building a maximum of 50 each of the 50 12C Coupe and 12C Spider to mark the occasion, both of which get special features provided by McLaren Special Operations – the same McLaren division that created the 12C High Sport. That means a new front bumper which has been optimised by Computational Fluid Dynamics (CFD) for more downforce, extra carbon fibre and kevlar exterior bits, ceramic brakes, 19″ front and 20″ rear alloys, full leather, extra carbon fibre in the cabin, a heritage badge and a numbered plaque. There will be the option of three colours for the 50th anniversary 12Cs - Carbon Black, Supernova Silver and, of course, McLaren Orange – and each car will get its own silver car cover, a limited edition key in a carbon fibre box and a signed art print (sadly, there’s no sign of a tool chest or Tag Heuer watch).