1932 Packard Gas Pedal, All Models on 2040-parts.com

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.

Autoweek in review: Ferrari teases supercar, Mini flips out and the 2013 Porsche Panamera GTS

While many of us spent Monday honoring our favorite presidents (still Taft, Van Buren and R.B. Hayes), Ferrari teased us with shots of its Enzo successor and gave us some pricing details. By now you should have saved at least 20 bucks toward that $1.3 million.

Call to pass on petrol price cuts

THE AA has joined calls for retailers to pass on a fall in the wholesale price of petrol to motorists. Pump prices have "barely budged" from the late summer high of just over 138p a litre despite a 2p-a-litre fall in the wholesale price of petrol a fortnight ago and a further 3p drop last week, according to the latest AA Fuel Price Report. Petrol averaged 132p at the start of the year, "and this is where it should be heading if the wholesale price collapse persists", the report said.