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Ferrari F12 Berlinetta: New photos & video

With the first road tests and reviews of the Ferrari F12 Berlinetta now hitting the web we have the latest photos and video of Maranello’s new car. We really must make sure Ferrari FNEPR has our secret email to send us invites to their latest test drives. Somehow, we missed out on a trip to Maranello this weekend to drive the Ferrari F12berlinetta, Ferrari’s fastest road car ever.

Toyota recalls another 2.17 million U.S. vehicles

Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting. The automaker said more than half of the recalled vehicles--1.54 million units--are being added to a giant 2009 recall to inspect and repair accelerator pedals that may get trapped in floor mats.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.