Flavio Manzoni to Head Ferrari Design

Flavio Manzoni, Head of Creative Design at the Volkswagen Group, is set to take on a new role as Chief of Design at Ferrari starting January 1, 2010. Manzoni, currently part of the design team headed up by Walter de'Silva, will be based at Centro Stile Ferrari and charged with creating a new brand identity for the Italian marque. He will report directly to Managing Director Amedeo Felisa.

Lexus LF-Ch Premium Compact revealed

Lexus has released this photo of the Lexus LF-Ch compact (click for bigger image) Update 7/09: We now have a front image of the LF-Ch, giving a better impression of the new Premium Compact from Lexus. Lexus has revealed one photo of their new premium hatch that is launching in a couple of weeks at Frankfurt. And what does it tell us?

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.