Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.

Toyota wins unintended-acceleration case

Toyota secured a legal victory on Friday against the landslide of unintended-acceleration claims that have dogged the company for more than a year. A jury in New York found in favor of Toyota, rejecting claims of a driver who said a floor mat was the cause of his 2005 crash in a Scion tC. The jury took 45 minutes to reach the verdict after a weeklong trial in federal court.

On the 'road' carpet at the Cars 2 premiere

Larry the Cable Guy was there! In place of the usual red carpet, stars of the movie Cars 2 walked down a "road" carpet--a two-lane black carpet complete with white-striped center line--at the movie's premiere on Saturday night in Hollywood, Calif. The usually traffic-clogged Hollywood Boulevard was closed for two blocks as limos dropped off the famous, the somewhat less famous and a bunch of people who were largely ignored by everybody.