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Ferrari F70: First Photo

We have what appears to be the first photo of the Enzo replacement - the Ferrari F70 – taken at a private viewing for Ferrari clients in China. Despite expectations that the new Ferrari F70 would be revealed before the end of 2012 – which is what Ferrari boss Luca di Montezemolo told us – we still haven’t had the reveal of the F70 in any form, and certainly not at the Los Angeles Auto show, where we expected Ferrari to debut their new hypercar as it’s the last motor show of note for 2012. It now looks like – short of a non-motor show reveal – that the new F70 will bow in at Detroit in January, but ahead of that it seems Ferrari are already showing the F70 to select clients.

Who's Where?: Maximilian Missoni becomes vice president exterior design at Volvo

Maximilian Missoni has been promoted to the position of vice president of exterior design at Volvo Cars. He replaces Fedde Talsma, who has elected to leave the company. Talsma's decision brings to an end a career at Volvo that began in 1982, with the past nine years spent as the firm's exterior design director.  Although Volvo states that Talsma has retired after serving 31-years at the Swedish firm, his LinkedIn profile states that he is now an independent automotive design adviser in his native Netherlands.

Volkswagen's No. 1 ambition: How it plans to rule the world

When Ferdinand Piech celebrates his 74th birthday on April 17 in his villa in Salzburg, Austria, with his wife, Ursula, his youngest son, Gregor, and other close family members, he likely will look back at his career and break into a big, satisfied smile. The chairman of Volkswagen AG's supervisory board wants to turn Volkswagen Group into the world's largest automaker. And he loves it when a plan comes together.