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Honda S660 concept stars at the Tokyo Motor Show 2013

Honda is calling the S660 a concept, but when company president Takanobu Ito took to the stage at the 2013 Tokyo Motor Show, one of the first things he did was confirm this exciting new small sports car – the spiritual successor to the Honda Beat – will be going into production in 2015. This is great news for Honda, and Ito-san acknowledged a next-generation small sports car has been long awaited by Honda fans, who’ve had little excitement to cheer about since the last Civic Type R and the S2000 roadster were stripped from the model line up. Please click the picture above to read more about the Honda S660 concept at the Tokyo Motor Show 2013

Mini names BMW's Warming to succeed Hildebrand as design chief

Mini has named Anders Warming to succeed Gert Hildebrand as head of design by the end of the month. Hildebrand will leave the BMW AG subsidiary on Dec. 31, ending a 10-year run that saw him create a new look and feel for the Mini brand following its relaunch under BMW, the company said in a statement without providing details on the designer's future plans.

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.