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Ferrari Turns 60...

By Ben Oliver Motor Shows 26 June 2007 09:52 Happy Birthday to you... Ferrari is celebrating its 60th anniversary with a five-day party at its famous Fiorano test track. More than 1000 Ferraris have descended on Maranello from around the world, including some of the rarest and most valuable road cars.

Porsche 918 Spyder: The first ride in the future game changer

Faster than the iconic Carrera GT yet more economical than parent company Volkswagen's frugal new Up supermini, Porsche's next supercar, the 762-hp gasoline-electric powered 918 Spyder, promises to offer the best of both worlds—scorching performance and ultralow consumption. Autoweek joins Porsche's engineering team for the very first test of the car that is already causing headaches in Maranello and Sant'Agata. For all of its intense promise and awesome potential, the very first running prototype of the upcoming Porsche 918 Spyder looks suspiciously like a refugee from a shadowy postapocalyptic movie set as it glides silently into view across the vast expanse of bitumen at the Nardo test track in southern Italy.

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.