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State of Ferrari: Supercar maker evolves, strives for exclusivity in consumer age

Ferrari means a great deal to a great many, but there are some things it is not--and will never be, says chairman Luca di Montezemolo. That means no full electric cars, four-doors and even fewer Ferraris. All of this is meant to preserve equity in the famous Ferrari brand, believed to be one of the most valuable in the world in any segment of consumer products.

Renault teases 'Captur' SUV - a baby Juke rival

After a pitiful year of sales for Renault in the UK in 2012 (they plummeted 40% in figures out yesterday), the French are fighting back with a baby SUV designed to repeat the success of inhouse rival the Nissan Juke. It comes a day after local rival Peugeot announced its new 2008 crossover, another rival in this shrunken crossover/SUV contest. What's the Renault Captur based on?  Renault has so far issued only this solitary shady teaser image.

Former General Motors CEO Robert Stempel dies

Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77. "Bob was a very popular chairman with employees, and his many accomplishments as a visionary engineer included leading the development of the catalytic converter, one of the great environmental advancements in auto history," GM said in a statement. "His knowledge of battery development led to the push for the EV1 electric car, and Bob continued to build his expertise in the electrification of the automobile after he left GM in 1992." Stempel died Saturday in Florida, the Detroit News and Detroit Free Press reported Monday night.