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Latest GM shakeup shuffles execs in product planning, development

General Motors Co. has reassigned dozens of product development executives and appointed new heads of global product planning, powertrain engineering and quality in its latest departmental shakeup. Responsibility for global product planning moves to CEO Ed Whitacre from Vice Chairman Tom Stephens.

The theme park designed by Ferrari

Ferrari is to build Ferrari Land – a new Prancing Horse theme park, inside the PortAventura resort outside Barcelona in Spain. It’s the second Ferrari theme park of its kind, following the successful Ferrari World Park in Abu Dhabi. The news comes after a commitment from Ferrari’s chairman Luca di Montezemolo to cut production of its road cars in a bid to preserve the brand’s exclusivity.

Avoid Hurricane Sandy cars with these tips

Hurricane Sandy hit the East Coast a year ago, and like all storms its size, we're still paying for its unintended consequences today. One of the areas that always gets a boost after a storm like this is the used car market. More than 250,000 cars were damaged by the hurricane, and 50 percent of these will be resold, according to Kars4Kids, the nation's largest car-donation charity.