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Ferrari ups profits while cutting production (2013) CAR report

Eyebrows were raised in May 2013 when Ferrari chairman Luca di Montezemolo confirmed to a group of journalists, including CAR’s own Ben Barry, that the illustrious supercar maker wanted to slow its production rate and sell fewer cars in 2013. The strange-sounding order was decreed to help the brand retain its exclusivity, yet despite the gastric band on output, the Ferrari boss insisted profits could be upped. Impossible?

Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.

SsangYong XIV-2 concept

The SsangYong XIV-2 concept – the second of its ‘eXciting user Interface Vehicles' [sic] – will make its debut at next month's Geneva Motor Show. The two-door, open-top crossover is an evolution of the I.DE.A designed XIV-1, shown at the Frankfurt Motor Show last year. Visually, the XIV-2 is a departure from both the previous Ssangyong KEV2 and XIV-1 concepts, with an all-new DRG featuring a simpler, more upright fascia and cleaner pulled-back headlamps – suggestive of a more production-ready front fascia.