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Ferrari boss Montezemolo says his future is fast cars--and fast trains

Ferrari S.p.A. Chairman Luca Cordero di Montezemolo has pledged his future to the supercar brand, refuting speculation that he might quit to join Italy's government. “In my future I see fast cars and fast trains--and no politics,” Montezemolo told Automotive News Europe in an interview at Ferrari's headquarters here.

Petrol price relief for drivers

PETROL PRICE pressure on the purse strings of drivers has eased, according to figures from the AA. They showed that average petrol pump prices in the UK have fallen back to 130.0p a litre having risen to 131.7p a litre at the beginning of July. Motorists are now doing far better than they were a year ago when petrol averaged 137.5p a litre, rising to 138.38p a litre in mid-October 2013.

Smart designs eBike

Smart has joined its fellow car manufacturers in designing a bicycle and is putting it into series production. The main components of the eBike such as the frame, battery housing, handlebars, lights and mudguards have been designed and developed specifically for Smart. The two-color concept is, so it's makers claim, recognizable as classic Smart, with the plastic battery housing forming a contrast to the aluminum frame.