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Chrysler CEO vows never to repeat mistakes from Cherokee launch

Chrysler Group CEO Sergio Marchionne acknowledged mistakes in the way the company developed and launched the 2014 Jeep Cherokee, and vowed to never repeat them. "What we've learned is that we'll never repeat it. We're never going to take a plant down and be out of the market for over a year," Marchionne told analysts in a conference call today.

Ferrari 458 Speciale: Frankfurt 2013

The Ferrari 458 Speciale (pictured) unveiled at Frankfurt Ferrari probably won the crown at the Geneva Motor Show in March with LaFerrari as ‘Star Car’, so whatever they brought to Frankfurt would be a bit of a let down. But at least they brought something new. The ‘something new’ is the hardcore version of Ferrari’s mid-engined supercar, the 458, and Ferrari obviously used the same naming committee for this car as they did for LaFerrari – it’s the Ferrari 458 Speciale.

SPD offers scholarships for autumn program with Volkswagen Group

The Scuola Politecnica di Design is giving away eight scholarships for its autumn program in collaboration with the Volkswagen Group. The scholarships are aimed at students with degrees in transportation or car design, automotive engineering or equivalent degrees that show a high level of potential. The successful eight students will be given scholarships and will begin their studies at the Milan-based SPD on October 24. The awarding of the scholarships will be decided by a ‘motivational interview', an evaluation of the student's portfolio and the submission of a conceptual project assignment, with the election process being conducted jointly by the SPD and Volkswagen.