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Ferrari F150 / F70: Details confirmed

Ferrari has confirmed more details of the Enzo successor – the Ferrari F70 / F70 – in the Ferrari Magazine and their web site. As we’ve already reported today that the McLaren P1′s design is almost the same as the concept P1, we thought we should also report on the latest news on the McLaren’s biggest rival – the Ferrari F70 / F150 – now Ferrari has confirmed more detail. Most of what Ferrari has revealed on their web site (and in the latest edition of the Ferrari Magazine) has already been speculated upon, but now we know from the (prancing) horse’s mouth some of the technical details, as well as the look of the new Ferrari from the recent tease of the F70/F150.

Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

Toyota hands over small-car development to its European unit

Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.