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Ferrari and Puma extend partnership

Ferrari and apparel company Puma will extend their six-year deal, the companies said on Wednesday. Puma will continue to be the official licensing partner and racewear supplier for Ferrari. Ferrari is expecting to expand its global reach as the Formula One calendar grows into markets such as India and the United States.

Design boss plans Hyundai's next big splash

Every two weeks, Christopher Chapman makes the rounds at Hyundai's Irvine, Calif., design center to see what his team has in the "corner stack." The "stack" is a pile of index card-sized sketches on the corner of every designer's desk. For Chapman, Hyundai's U.S. design boss, it's a way to encourage his designers to keep ideas flowing.

How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.