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Ferrari 458 Italia spider in the works, Di Montezemolo reportedly says

The Ferrari 458 Italia will get a spider version, company president Luca di Montezemolo told Italian reporters. The Ferrari chief says work is under way on the topless 458 and that it should arrive in about two years. The 458 coupe launches early next year.

BMW Megacity Vehicle (2013): the first pictures

By Tim Pollard First Official Pictures 02 July 2010 00:05 BMW has issued this first design sketch of its innovative new Multicity Vehicle. The BMW MCV won't be launched until 2013 and this is our first look at the new electric city car.The Multicity Vehicle is designed for the growing number of 'megacities', that is metropolitan areas of 10 million or more. Big conurbations like London, Los Angeles and Tokyo are being joined by more and more sprawling cities in China – and BMW is confident they will change the way urbanites drive around.BMW Multicity Vehicle: the detailsThis design sketch of the BMW MCV shows a compact city car, not dissimilar to a Smart in spirit.

D-day for General Motors: GM files for bankruptcy

By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.