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Pininfarina could produce Sergio concept

Pininfarina may produce a few examples of the Sergio concept we saw at the Geneva motor show for a few well-heeled buyers with about $3.9 million in liquid assets. “We are considering a very limited run of five to six units," Pininfarina CEO Silvio Angori told Automotive News Europe. The Sergio is based on the Ferrari 458 Italia, and uses the same drivetrain including the 562-hp V8 and seven-speed dual-clutch transmission.

Ford recalls minivans, SUV

Ford is recalling nearly half a million vehicles to fix defects that can cause fires or loss of power. About 205,800 copies of the Ford Freestar and Mercury Monterey minivan from the 2004 and 2005 model years are being recalled, because torque-converter output shafts in the transaxle might fail and cause power loss. Ford is also recalling 244,530 Escape SUVs from the 2001 and 2002 model years, which might have brake-fluid leaks that can cause corrosion and fire.

Beware valet parking insurance loophole

USING A VALET parking service could mean losing your car with no insurance cover. Drivers are being warned to check their insurance policies before handing over their car keys to valet parking attendants as more than half (51%) of the UK’s motor insurance policies do not cover this service. While valet parking companies provide insurance cover for their employees to drive your car, many insurance policies do not cover ‘damage to vehicle while in the control of valet parking staff.’ This means if your car is damaged or written off while it’s being parked or retrieved by valet parking staff, you could be left seriously out of pocket with no claim against the valet parking company.