1936 Chevrolet Speedometer Cable on 2040-parts.com

Ferrari 458 Speciale (2013) is it the ultimate V8 supercar?

Is the new 597bhp Ferrari 458 Speciale set to be the ultimate V8 supercar? Ben Pulman headed to Ferrari's Maranello headquarters to see for himself... Ferrari's Formula One team might be struggling to put Alonso on the podium, but its road-car division keeps hitting new highs: the F12 is a masterpiece, its 950bhp LaFerrari is poised to eclipse the legendary Enzo, and now this new hardcore version of the 458 Italia will cause sleepless nights down the road in Sant’Agata where Lamborghini is readying its Gallardo replacement.

GM to build Cadillac ELR in Detroit

General Motors confirmed Tuesday that it will build the Cadillac ELR extended-range plug-in hybrid at the same plant that builds the Chevrolet Volt and Opel Ampera hybrids. GM said it will spend $35 million on the Detroit-Hamtramck Assembly plant to add the Cadillac. GM North America president Mark Reuss said production of the ELR is set to begin in late 2013.

Mark Fields replaces Alan Mulally as Ford CEO

Ford Motor Co. named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider. “From the first day we discussed Ford's transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.