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Ferrari Hybrid confirmed

The Ferrari F430 Spyder Bio Fuel car from the Detroit Motor Show in 2008 We learnt at the weekend that Lamborghini are to reduce their CO2 footprint by 35%, and we recently  learnt about some of Ferrari’s Hybrid plans from patent applications the boys from Maranello had filed. But today we learn that not only is Ferrari looking at Hybrid options, but that it intends showing a car very soon – probably at the Los Angeles Motor Show in November. Ferrari is looking at several options to keep the ‘Environmentalists’ happy, including Bio-Fuel and Turbo charging.

Hyundai BlueOn (Hyundai i10 Electric) revealed

The Hyundai BlueOn EV Hyundai reveals the all electric Hyundai BlueOn in South Korea. With lots of fanfare about this being ‘South Korea’s first all electric car’ and intimating that Hyundai is fully committed to an electric future. Which of course is poppycock.

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.