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Neiman Marcus tucks a Ferrari FF in its Christmas Book

Neiman Marcus, purveyor of all things haute couture, has released its annual Christmas Book featuring amazing--and amazingly expensive--gifts for that special someone for the holidays. For the car fan on your list, consider Neiman's version of the 2012 Ferrari FF--for a mere $375,000. That's a bit more than the near $300,000 asking price for a standard Ferrari FF, but you would have one of only 10 examples of the Neiman Marcus Ferrari FF to be built.

JAC SC-9 concept promises new brand identity, hi-tech interface for Beijing

The JAC SC-9 concept is the latest concept to be announced ahead of next week's Beijing motor show. A statement from the company describes this crossover as combining the "exclusivity of a luxury Gran Turismo, the flexibility of a genuine off-road vehicle and the excitement of a high performance sports car" and we're interested to see how these characteristics are brought together. Designed in JAC's Turin-based Italian Style Centre under design director Lou Tik, the SC-9 is also said to introduce a new brand identity for the Chinese carmaker as well as featuring "ground-breaking interface technology".

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.