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GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Ferrari reveals Enzo replacement teaser shot

Ferrari has revealed the first teaser shot of the Enzo replacement, expected to be unveiled early next year. The Italian carmaker printed the photo in the latest edition of the official Ferrari Magazine, and just from the teaser we can tell that it continues with the brand's latest design direction. The Enzo's replacement also appears to feature the ‘double-bubble' design.

Forget Christmas presents – buy a car instead

Chevrolet According to a recent survey by Scotland Debt Solutions, we will spend between £472 and £611 on Christmas presents this year. Excuse us, but how much?! Back in the day, we'd have been happy with a small clementine, a pack of playing cards and a modest toy.