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Gordon Murray T25

Gordon Murray Design has unveiled the T25 prototype, a car that the company's founder, Gordon Murray, has long talked about as the vehicle that will revolutionize the automotive industry. At just 2400mm long, 1300mm wide and 1600mm high, the T25 occupies a greatly reduced footprint in comparison to a Smart ForTwo or Toyota iQ. The T25 seats three, with a central driver flanked by two rearward passengers, in a formation reminiscent of Murray's most famous work to date – the McLaren F1.

Fiat Panda gets 2010 updates

Fiat has updated the Panda for 2010 Underrated though the Panda is, it’s actually a pretty good little car. Sure, it’s not exactly dynamic, but some of it’s iterations – particularly the go-anywhere Panda Cross 4×4 - are very good. So Fiat has decided it’s time for a bit of spit and polish and some new make-up, so it’s given the Panda a bit of an update for 2010.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.