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Concept Car of the Week: Pininfarina Ferrari 512S Berlinetta Speciale (1969)

Back in 2001, Filippo Sapino retired from his position of managing director of Ghia S.p.A after over 30 years with the company. During this time he oversaw the development of production cars and wild concepts as well as forging a long partnership with Ford Motor Company. Yet before his illustrious career at Ghia, Filippo spent a couple of years at Pininfarina where he enjoyed great freedom of creativity.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

BMW and Local Motors announce contest winners

BMW and Local Motors have announced the winning ideas in the Urban Driving Experience Challenge after phase one of the contest closed on 16 October. Anthony Franze of Australia won first prize and a cash award of $7,500 with his design for a premium car sharing service called ‘BMW Reward Me.' He also earned himself a trip to Munich, Germany, to meet with the head of BMW's Group Research and Technology, Dr. Christoph Grote.