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Why LaFerrari was designed in Maranello

Love it or hate it, the design of LaFerrari comes completely from one place— Maranello. The most powerful street-legal Ferrari ever made was styled entirely in-house, which means that for the first time in recent memory, a Ferrari wasn't crafted by Pininfarina. An Italian legend in its own right, the design house has created nearly 200 Ferraris dating to the early 1950s.

Lotus Elise Club Racer released for U.K.

Lotus will release a stripped-down version of the Elise, called the 1.6 Lotus Elise Club Racer. However, it will be available only in the United Kingdom. The already scant two-seater loses another 54 pounds with measures such as the use of a lightweight battery, the deletion of sound-deadening material and the removal of the radio speakers.

General Motors' small Cadillac will take aim at the BMW 3-series

The new Cadillac model that General Motors announced today will be aimed at the smaller models produced by BMW, Mercedes-Benz and other luxury brands. The rear-drive Cadillac is expected to be called the ATS and to arrive in showrooms in 2012 or early 2013, according to industry sources. “We will have a car positioned below the CTS in our lineup to compete with the BMW 3 Series and Mercedes-Benz C class.,” said Nick Twork, a Cadillac spokesman, during a telephone interview.