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Confirmed: special Ferrari for 60th anniversary in USA

It’s been a busy week for Ferrari chairman Luca di Montezmolo. First he announced his resignation (effective from October) from the Italian sports car firm after 23 years at the helm. Then he proclaimed record financial results for Ferrari for the first six months of 2014 (£101.4 million profit) before declaring a special Ferrari model will be unveiled in October to celebrate 60 years of the Prancing Horse in America.

BMW promises (even) more details on 7-series, Mini convertible soon

The BMW Group is promising us "detailed information" next week on the fifth-generation 7-series and the Mini convertible. What does that mean? Stay tuned.

Tesla system will swap a Model S battery in 90 seconds

"This is the title fight," said Elon Musk, in typical brashness. "This is battery-powered versus gasoline." The Tesla CEO preached this to a crowd of Tesla owners and supporters while formally confirming the company's worst-kept secret: the fact that the Model S sedan's batteries were designed from the beginning to be swapped out. The system Tesla envisioned has plenty of ambitious, techno-wizardry automation, with a focus on as much convenience as possible: The Model S will drive over a pit containing machinery which automatically changes the battery from underneath in approximately 90 seconds -- and the driver doesn't even have to get out of the car.