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Mercedes C63 AMG Coupe (2012): Official

Mercedes C63 AMG Coupe - it's official You probably don’t have to be an out and out petrolhead to know that Mercedes had an AMG version of the recently revealed C-Class Coupe up its sleeve. We’ve been expecting a reveal any time soon but, just to keep us awake on a Sunday, Mercedes has released the first photos and details this morning ahead of the official reveal at the New York Motor Show. So welcome to the Mercedes C63 AMG Coupe.

Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.

Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.