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Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).

New SEAT Leon goes in to production

The new SEAT Leon (2013) – revealed at the Paris Motor Show – has started production in Spain ahead of first deliveries in March 2013. SEAT has invested heavily in the Martorell plant in recent years – a shining light of success in a sea of Spanish manufacturing despair – with a £650 million investment in new facilities and R&D making Martorell a modern and efficient facility for the new Leon as well as the Ibiza, Altea and Exeo (and the Audi Q3). Not only has the investment in Martorell secured the jobs of 1600 Spanish workers (and four times as many in the supply chain), it promise more jobs too if the Leon turns out to be as appealing as it looks.

Concours d'Elegance of America: Auctions and Tigers, Oh My!

Detroit knows how to do car shows. Perhaps no area in the country outside of Pebble Beach can put on a multiday, multievent festival of sheetmetal in the manner in which the Motor City can. It's intrinsic, at times it's altruistic--but it's always about the cars.