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Ferrari Theme Park is go

By Ben Pulman Motor Industry 05 November 2007 02:47 This past weekend the foundation stone for the Ferrari Theme Park was laid on Yas Island in Abu Dhabi – one of seven Emirates making up the UAE - along with a time capsule. Under the rule of Luca di Montezemolo Ferrari has gone from strength to strength, and having its own theme park will surely cement Ferrari’s future. The theme park will sprawl across 250,000sq m, with 80,000sq m under cover.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

Who's Where: Toyota design chief moves to head-up Yamaha design

Akihiro Dezi Nagaya has moved from his position as chief designer at Toyota to Yamaha Motor Company, where he will take up the post of chief general manager of design. The move became effective on 1 July, and sees Nagaya move from his position as CEO of Tecno Art Research, a freelance design office for Toyota projects located in Nagoya, Japan. His replacement at Tecno Art Research is Hiroshi Kawahara, Toyota's former general manager of advanced design.