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Ferrari chief Montezemolo balances growth, exclusivity

On the morning of the day he celebrated 20 years as head of Ferrari, Luca Cordero di Montezemolo says his first thought was about the future, not the past. He pondered what the world's most famous sports-car maker would look like in 2020. "I have not come up with a comprehensive idea yet," said Montezemolo in an interview at his office in Maranello, 11 miles south of Modena in central Italy.

Video: Making of the BMW 328 Hommage concept photo shoot

Depending on your perspective, the BMW 328 Hommage concept unveiled at the Concorso d’Eleganza Villa d’Este in Italy is either a breathtaking tribute to an automotive styling icon or a caricature of a dead beaver. No matter which side of the aisle you find yourself on, this video offering a behind-the-scenes look at the photo shoot packs plenty of allure. At just a minute and a half, it’s a great example of all that goes into our favorite kind of photography.

Ford announces new Silicon Valley research laboratory

Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.