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Ferrari California T (2014) first official pictures

By Ollie Kew First Official Pictures 12 February 2014 13:30 Any new Ferrari is a big deal in the car world, but this new Ferrari California T is extra-special. Not only have the Italians finally morphed the ugly duckling of the range into something rather sleeker, it's boosted by turbochargers. That's the reason for the 'T' suffix on the California T's name, and makes this the first forced-induction Ferrari since the iconic F40 supercar.

Crunch watch Feb 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.

Ford preparing fastest ever four-door—in Australia

Ford's struggling Australian outpost is set to unleash its fastest-accelerating car yet in the form of a limited- edition version of the four-door Falcon GT Boss 335 sedan running various chassis-based performance enhancements, according to Australian media reports. Known internally at the company's Ford Performance Vehicles division under the code name Panther, the Blue Oval's supersedan is set to run the same supercharged 5.0-liter V8 as the standard Falcon GT Boss 335—itself a locally developed version of the Mustang's 90-degree Coyote unit with unique cylinder heads and renamed Miami. It delivers 449 hp at 5,750 rpm and 420 lb-ft of torque at 2,200 rpm.