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Chrysler Group names new chief for Fiat in North America

Chrysler Group on Monday named Timothy Kuniskis head of the Fiat brand for North America, replacing Laura Soave, who "has left the company and will pursue other interests." Kuniskis, 44, most recently served as director of marketing for the Chrysler and Fiat brands. The change is effective immediately, Chrysler said in a statement. Soave, 39, who supervised Chrysler's efforts to reintroduce the Fiat brand in North America after a 17-year absence, attended the rollout last week of the Fiat 500 Abarth at the Los Angeles auto show but did not participate in the press conference, raising further questions about her tenure.

Lotus Exige Sprint (2008): first official pictures

By Ben Pulman First Official Pictures 22 January 2008 10:35 Another day, another new Lotus special edition. This is the Exige Sprint, recreating the colour scheme of the Elan Sprint built between 1971 and 1973. The limited edition Exige, of which just 40 will be built, will come with the lower portion of the body painted in white, the upper part in yellow or blue, and with a gold stripe separating the two sections.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.