Parts Master Bd8935 Rear Brake Drum Two Required Per Vehicle on 2040-parts.com

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.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

BMW i3 caught testing in New York

BMW has been hyping its futuristic i lineup for years now, but the long lead time doesn't mean that the highly efficient, carbon-fiber-based vehicles are vaporware. Earlier this month, we test drove pre-production versions of the i3 and i8, and last week, Autoweek reader Frank Cogliano spied the former vehicle on the road. Cogliano caught this wrapped i3 near Stony Point, New York -- about 30 minutes from BMW's New Jersey headquarters.