Ferrari Market Letters-25 Issues For 2002--volume 27 on 2040-parts.com

McLaren MP4-12C Revealed

McLaren has released details of their new supercar - the McLaren MP4-12C Known for so long by its code name – P11 – this MP4-12C is the first real McLaren since the legendary F1. And on the face of it it certainly looks like it has enough to offer to stand proud as the inheritor of McLaren’s reputation for exceptional road cars. Not scheduled to go on sale until 2011, the MP4-12C is aimed at the heart of Supercar sales, expected to go on sale at a price a small notch above the latest offering from Ferrari – the 458 Italia – at around £160,ooo.

Some 2005 and 2006 Chevrolet Corvettes are set to be recalled

Add the mighty Chevrolet Corvette to the list of recalled cars. General Motors is recalling some 2005 and 2006 models for a steering-column problem. About 40,000 cars produced between March 2004 and January 2006 could be affected.

Fiat to build crossover on 500 platform

Fiat plans to start production of a crossover variant of its 500 minicar next year. The new model will be called the 500X, with the letter X standing for cross, company sources told Automotive News Europe. The car will replace the Sedici in Fiat's Europe lineup.