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Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.

College Exhibition: IED Fiat/Chrysler project

Second year students at the Istituto Europeo di Design (IED) in Turin, Italy, recently completed a Fiat/Chrysler sponsored project, which began in February 2009. Conceived as a didactic exercise to think about the recent alliance between Fiat and Chrysler, 37 students were asked to design a vehicle capable of combining the technical know-how, platforms and values of both brands in order to generate interesting and competitive new products for the European and the American markets. In creating their concepts, students were asked to take into account the style, economic accessibility and the low environmental impact of Fiat vehicles as well as the new platforms and major industrial and production capacity afforded by the Italian automaker's alliance with the Chrysler brand.

Lotus Evora Cup (2010): first official pictures

This is the Lotus Evora Cup, unveiled at the Autosport International show today. With a 4.0-litre engine, an aero kit created by Italian specialists Dallara, and the road car's sweet chassis, the Evora Cup should turn a special sports car into an outstanding racer. Underneath the evocative Epsom Green paint and Solar Yellow stripe, the Cup is still fundamentally the same as a road-going Evora – this isn’t a silhouette racer.