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Ferrari 458 Italia World Première +Video

The Ferrari has its world premiere this week in Maranello Wednesday evening saw gala presentation of the 458 Italia to an invited crowd, and Ferrari had every Ferrari-associated face on display, from Michael Schumacher to Piero Ferrari. It’s the usual glad-handing event, but we do get a few glimpses of the 458 in motion, and it’s a curtain raiser for the proper reveal next week at Frankfurt. I’ll take the nice black one near the end of the video.

Lexus IS F ends production to make way for the new Lexus RC F

The Lexus IS F is no more The Lexus IS F was the car Lexus hoped would take the fight to cars like the BMW M3. But in the 7 years the IS F has been on sale it’s only managed to shift around 11,000 units, partly because it just didn’t have the dynamics or power of the M3, but also because few yet consider Lexus a ‘Performance’ brand. So the Lexus IS F has now ended production after a less than stellar sales showing, and Lexus are instead pinning their hopes for a credible M3 beater in the new RC F.

Exclusive: Honda to Close European Design Studios

In a surprise announcement, Honda has decided to close design operations in Europe, based in Germany. The decision to shut down both the car design and motorcycle design studios of Honda R&D Europe (HRE-G) in Offenbach, near Frankfurt was taken at the end of September and came as a shock announcement to employees. It represents the latest casualty in cuts for the car design community.