Arrest made in Paul Walker Porsche parts theft

An arrest has been made in an apparent theft of a piece of the destroyed Porsche Carrera GT involved in a Saturday crash in California that killed actor Paul Walker, CNN is reporting. A number of cars had reportedly followed the tow truck that was transporting the wreckage to a police facility. When the truck stopped at a red light, the occupant of one of the vehicles, alleged to be 18-year-old Jameson Witty, ran up to the truck and retrieved a piece of the wreckage, a T-top roof panel of the red Carrera GT, He later posted a photo of it on Instagram.

GM's Bob Lutz put off retirement and put life back into a sagging lineup

Originally published: Sept. 14, 2008 Editor's note: This story comes from 100 Years: How General Motors Changed the World, published by Automotive News to commemorate the 100th anniversary of GM. In 2001, with seven years left to go in General Motors' first century, CEO Rick Wagoner knew that his product lineup badly needed upgrading if the company was going to have a second hundred years.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.