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Giugiaro honored in Korean ceremony

Giorgetto Giugiaro has received honors from the South Korean Government for his contribution to the nation's fledgling automotive industry.  In a ceremony in Seoul, Giugiaro received the prestigious 'Order of Merit' from the President of the Republic of Korea, Lee Myung-bak. The relationship between Italdesign Giugiaro and Korea stretches back to the 1970s, a period of significant growth for the Korean nation, stifled only by its lackluster automotive industry.  It fell to the Italian designer to invigorate an industry that survived on reassembling and rebranding foreign domestic models. Giugiaro's solution was the simple Hyundai Pony.

Ferrari LaFerrari lands in China: Shanghai Motor Show

Ferrari’s hybrid supercar was as eagerly received as it was in Geneva, with a sea of photographers, press and visitors thronging to get a glimpse of what is undeniably an impressive ‘F70′ from Ferrari. But looking good is perhaps the second ‘must have’ for a supercar – especially one that replaces the Enzo – and LaFerrari looks to deliver on the number one priority for most supercar buyers - performance. With 798bhp from its naturally aspirated V12 and an extra 161bhp from its electric motor, LaFerrari promises a dose of green credentials – important, to a degree, on China’s polluted roads – to go with its performance and handling, performance that can see the car it get to 62mph in under 3 seconds and on to a 186mph in an even more impressive 15.5 seconds.

BMW M5 comes alive with all-wheel drive

The 2012 BMW M5 will come with a handful of firsts for the sedan. It will be the first time the car houses a turbocharged powerplant, the first time a dual-clutch gearbox is used and, most importantly, the first time the M5 gets all-wheel drive. That's the word from BMW brass in Shanghai, where Albert Biermann, head of BMW M's research and development, confirmed the powertrain, Autocar reports.