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Ferrari LaFerrari (2013) 950bhp Enzo successor unveiled

This is the Ferrari LaFerrari, a 950bhp supercar that succeeds the Ferrari Enzo and is poised to take on the McLaren P1. It’s Ferrari’s fastest ever road car, and just 499 LaFerraris will be built. Read on for the full performance specs on the new Ferrari LaFerrari.

Toyota to sell tens of thousands of fuel cell cars a year by 2020

Toyota FCV-R Hydrogen Fuel Cell Toyota is pushing ahead with hydrogen fuel cell vehicles and plans to be selling tens of thousands a year by 2012, starting with the Toyota FCV-R Toyota may have brought yet another hybrid concept to Geneva, and may we have moaned again about their obsession with flogging hybrid cars. But we can’t argue  they haven’t made a success of turning car buyers on to hybrid cars, however futile a long-term route we may think it is. But it seems Toyota do agree with us on electric cars with no plans to throw their weight behind the EV in a big way, but they are gearing up to try and do with hydrogen fuel cell cars what they’ve done with hybrid cars, and are expecting to be selling tens of thousands of fuel cell powered cars a year by 2020.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.