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Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

Ferrari California: photos with roof up

By Ben Pulman First Official Pictures 29 May 2008 15:57 The latest Ferrari California photos and details have just been released by the Prancing Horse. It’s the first time we've seen the California with its folding hard-top erected, and extra snippets of information - like the size of the 2+2 - have now been announced. Its 4560mm length puts the California midway between an Aston Martin V8 Vantage and DB9, while the Ferrari’s 1900mm width means it is wider than both Brits.

Ferrari P540 Superfast Aperta (2009) first pictures

A bespoke Ferrari built by the Italian supercar manufacturer's secretive Special Projects department has undergone its first shakedown test at the Fiorano test track. The Pininfarina-designed P540 Superfast Aperta was comissioned in 2008 by the necessarily wealthy Edward Walson, son of John Walson, the inventor of cable television. Based on the 599 GTB Fiorano, the one-off machine was inspired by a Carrozzeria Fantuzzi-designed model featured in the 1968 Fellini film Toby Dammit. 'I had always dreamed of designing sports cars,' said Watson. 'When I saw this film the decision came of its own accord: one day I would have 'my' Ferrari.