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Ferrari F12 Berlinetta

Ferrari has confirmed the name of the successor to the 599 GTO as the F12 Berlinetta ahead of its official debut at next week's Geneva motor show. The car, originally thought to be named the F620 GT, is the most powerful Ferrari road car ever launched with advanced vehicle architecture, aerodynamics, components and electronic controls. The design process – undertaken by both Ferrari and Pininfarina – involved with lengthy wind tunnel testing and extensive computational fluid dynamics (CFD) simulations.

Bristol in administration: sale expected in days

Bristol Cars could be sold within days, as the administrators are in exclusive talks with one bidder, CAR has learned. Several parties expressed an interest in the failed car maker, which collapsed into administration on 3 March 2011. Recovery specialist RSM Tenon is handling the sale and has reported a flurry of interest in Bristol Cars.

Mitsubishi i MiEV electric vehicle priced at $45,660

Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020. Mitsubishi unveiled the production version of its i MiEV battery-powered car on Friday, saying it aims for 1,400 lease sales to corporate customers and local governments by March 31, 2010.