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GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.

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.

Ferrari World Abu Dhabi: more news and pictures

The Formula 1 circus has descended upon Abu Dhabi for the finale of the 2009 championship this week, and when the GP crowd returns in 2010 alongside the track will be Ferrari World, a Ferrari-influenced theme park. It's been delayed slightly, but CAR Online has the latest update on the potentially record-breaking theme park being built next to the F1 circuit on Yas Island. According to the designers, not only will Ferrari World be the largest indoor theme park on Earth, but it will also house the fastest roller coaster.