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Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.

Hyundai & Kia to spend up to $395 million on lump sum fuel settlements

Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.

Ferrari put LaFerrari online & live LaFerrari pictures from Geneva 2013

Ferrari has put a new website up dedicated to LaFerrari with details and specifications and we have new live photos of LaFerrari from Geneva. We’ve already looked at the McLaren P1 from Geneva (it seemed only fair as LaFerrari grabbed the opening headlines at its first reveal), so, as requested by many, we’ve now got a Geneva live look at Ferrari’s new F150/F70/new Enzo – LaFerrari. The first photos we had of LaFerrari were Ferrari’s usual studio shots which told us it was glorious, but glorious on Ferrari’s terms.