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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Webinars: 3D sketching technology with CATIA for Creative Designers

Adding to our successful series, Car Design News today hosted a new webinar in collaboration with Dassault Systèmes. Today's webinar presented the latest workflows available in CATIA V6 for Creative Designers - a unified industrial design workflow solution to imagine, create, share and experience virtual product design - and introduced the program's new 3D sketching technology, CATIA Natural Sketch. Presented by Xavier Melkonian, Director of CATIA Shape at Dassault Systèmes, and Pierre Maheut, Creative Designer and Product Expert, the complimentary webinar showcased the wealth of possibilities available to creative designers and outlined innovative workflows based on 3D sketching, virtual clay modeling and visualization with interactive raytracing. The software aims to appeal to those looking to boost their design innovation, creativity and expression of 3D sketching and sculpting.

Lotus announces 100 new jobs

Lotus Lotus is on a recruitment drive - prompting confidence that the iconic British sportscar firm’s future looks brighter than it has for years. The company has suffered a rollercoaster ride since relaunching in 2010 with a bold promise to build five new sportscars and a supermini. But the architect of that plan, CEO Dany Bahar, was fired by the company's Malaysian owners and the expansion has since been wound down.