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Ferrari 458 Spider & Ferrari California 30 debut at the Goodwood Festival of Speed

The Ferrari 458 Spider and the new California 30 have made their UK debut at the Goodwood Festival of Speed. The hugely appealing Ferrari 458 Spider has made its UK debut at the 2012 Goodwood Festival of Speed alongside the new, more powerful California – the Ferrari California 30. The new 458 Spider – which, if you could still see the engine at the back, would make you wonder who would still but the 458 Coupe – gets a very clever, fully retractable aluminium hard top which is a full 25kg lighter than a comparable cloth top.

Ferrari 458 Spider by Kahn Design

Kahn design has revealed a Ferrari 458 Spider they’ve ‘customised’, although we’re struggling to see what they’ve done. It’s hard to criticise the PR efforts of A. Kahn Design – Bradford’s finest car customisers – with new cars being revealed all the time.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.