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Ferrari to revive GTO name

Ferrari is set to return the evocative GTO (Gran Turismo Omolagato) name to its lineup on a limited-edition, two-seat version of the F599 Fiorano GTB. The new car, conceived to run bodywork and mechanical components from the Italian carmaker's race-bound 599XX, is expected to make its public debut at the Paris motor show in September--marking the first time the GTO badge has been applied to one of Ferrari's road cars since the launch of the much-revered 288 GTO in 1984. Among the changes brought to the new car is a series of carbon-fiber exterior panels, a stripped-out interior and specially developed alloy wheels--all aimed at lowering the weight by 132 pounds from the 3,718 pounds of the F599 Fiorano GTB.

PSA Peugeot-Citroen: Factory closures & 8,000 job losses planned

PSA Peugeot Citroen has revealed it is to close one factory, cut job numbers elsewhere and shed a total of 8,000 jobs as demand for its cars dwindles. When we reported last year that Peugeot Citroen were planning to idle their plant in Trnava, Western Slovakia we said that this was just the tip of the iceberg for Peugeot Citroen, and that they would have to take far more drastic action if they were to survive. They must have been listening.

2014 Ford F-150 STX now offers SuperCrew and all-new STX Sport Package

Ford has just made the SuperCrew bodystyle more affordable for buyers of the popular F-150 truck, with bodystyle now available on the base STX trim level for 2014. Previously, buyers had to select the XLT trim level to get the four-door versatility of the SuperCrew. The 2014 F-150 lineup will also offer an STX Sport Package.