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LaFerrari joins Supercar exhibition at Ferrari Museum in Maranello

The new LaFerrari has joined an exhibition of supercars at Ferrari’s Maranello Museum joining cars like the 250 GTO, F40, F50 and Enzo Ferrari. Ferrari boss, Luca di Montezemolo, has opened the Supercar exhibition in Maranello to showcase Ferrari’s greatest models all in one place, an opportunity Ferraristi will find hard to resist. As well as LaFerrari, Ferrari has on show perhaps the greatest supercar in their history – the Ferrari 250 GTO – which was built in very limited numbers – just 33 Series 1 and 3 Series 2 cars – and now commands prices around the $40 million mark, the 288 GTO, the F40 – perhaps the ‘Driver’s’ choice – the F50 and, of course, the Enzo Ferrari.

Smart Forspeed concept signals new design direction

Smart will unveil a new concept at the forthcoming Geneva motor show that signals a new design direction, hints at future product and confirms parent company Daimler's renewed commitment to the brand. Car Design News was granted early access to the concept, baptized Forspeed, at a secret photography studio in Stuttgart last week and heard the head of advanced design, Steffen Kohl, explain how the two-seat, electric-powered vehicle prefaces design themes in both the next Fortwo and the revived Forfour, which will be launched in 2014. "The fullness of this concept's exterior surfaces is important and will be reflected in future production models," said Kohl, "Smart will still be short, spacey, agile, and with wheels at the corners of the car, but with an added sporty and emotional design and without losing all the brand's iconic elements like its ‘plastic fantastic' aspect and the safe and hi-tech modular tridion shell assembled with all these changeable body parts.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.