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Ferrari 149M Project for Geneva Motor Show – looks like a California update

Ferrari Project 149M will be revealed on 12th February 2014 It’s was 2012 when Ferrari updated their entry-level car – the Ferrari California – with less weight, more power and a handling package, and it looks like they’re about to do the same again. Ferrari are trailing a reveal of ‘Project 149M’ for the 12th February – and a reveal at the Geneva Motor Show next month – which, although slightly cryptic sounding, does point firmly to a Ferrari California ‘Modificato’. The California has the internal product code ‘F149′ and Ferrari has a history of producing ‘Modificato’ or ‘M’ versions of their road cars to move the game on – think Ferrari 575M.

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

Big Three Truck Premieres

Once just a local agricultural fair, the State Fair of Texas, Dallas, has now become the launch platform of choice for automobile manufacturers to present new trucks. Texas is an immense market for pickup trucks and this year, the Detroit Three were there, along with Toyota, to present world premieres. And for the auto executives that make the trip down, the Texas Fair is surely the easiest assignment they will get each year: people in Texas like full size trucks and buy them as personal vehicles not because they need their capacity but rather because "it's Texas here, y'know".