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Ferrari and watchmaker Hublot ink long-term deal

Saturday under cloudy Florentine skies, Ferrari president Luca Cordero di Montezemolo and Jean-Claude Biver, CEO of Hublot S.A., arrived at Autodromo Internazionale del Mugello, the practice track for Scuderia Ferrari, to make an announcement bright with promise: For the third time since its founding, Ferrari will enter into a long-term timepiece collaboration, this go-around with Hublot. The freshly inked five-year partnership technically commences in January, but both Montezemolo and Biver were almost giddy of Saturday's announcement and indicated that prototypes were under way. Officially Hublot will be the “watch and timekeeper of Ferrari,” as well as the “timekeeper of Scuderia Ferrari,” the company's racing arm.

Volvo V60 Polestar costs £49,775 – just 175 coming to the UK

Just 175 Volvo V60 Polestars (pictured) coming to the UK We did expect, when the Volvo V60 Polestar was made official in November last year, that it would be a regular production model. But instead it’s going to be a limited edition special. That probably makes sense with Volvo busy updating their entire range, but it does mean there will be just 750 cars built, of which 175 are earmarked for the UK – the biggest allocation of any market.

Fiat Invades Europe! Aims to take over Opel, Vauxhall and Saab

Fiat is moving to take over GM's European brands - Opel, Vauxhall and Saab. [ad#ad-1] Fiat are busy little bees of late. From being a virtually bankrupt car maker just a few years ago, they are busy rampaging around the world playing ‘White Knight’ to ailing car companies struggling for survival in the crisis that has engulfed the car world.