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Ferrari plans 458 Scuderia, new 599 and Enzo

Ferrari is planning a range of new cars to rejuvenate its sports car family - including a new 458 Scuderia, a replacement 599 GTB and a hypercar to replace the Enzo. A report by respected automotive industry journal Automotive News today published a detailed timeline of the new car launches planned by Maranello: 458 Spider Launched at the 2011 Frankfurt motor show, retractable hard top. European sales in autumn 2011 458 Scuderia Coming in 2013, following recipe of 430 Scuderia.

New options make Prius pricey

High-tech features and luxury options will push the redesigned Toyota Prius into new territory--namely, $30,000-plus. The 2010 Prius hybrid will offer options found on luxury cars: systems that automatically park the car in a parallel parking space and slow the vehicle when a crash is likely. But Toyota is aware of a new competitor--the 2010 Honda Insight, a hybrid that is a little smaller and expected to be less expensive than the Prius.

Amped Up! GM to hire 1,000 engineers and researchers for electric cars

General Motors will hire 1,000 engineers and researchers in Michigan for research and development of electric vehicles, CEO Dan Akerson said on Tuesday morning in Detroit. The new hires will work on batteries, electric motors and power-control technology. Akerson made the announcement at the factory that builds the 2011 Chevrolet Volt.