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Ferrari 599 successor to debut at Geneva show

Ferrari has confirmed that the follow-up to the 599 Fiorano will debut at the Geneva motor show next month. The latest in Ferrari's long line of front-engine V12 GT cars, which stretches back to the 166 Inter of 1948, it's rumored to boast in the neighborhood of 700 hp. That's roughly double the power of the 365 GTB/4 pictured above, which Dan Gurney and Brock Yates famously used to cross the country in 35 hours and 54 minutes back in 1971.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

Volkswagen XL1 Super Efficient Vehicle (SEV) spy video

Volkswagen XL1 caught on video The Volkswagen XL1 – a super efficient diesel hybrid – caught on video winter testing and undisguised. The VW XL1 arrived at the Qatar Motor Show in 2011, a two-seater diesel-electric hybrid with a design that looks like it came from a 1920s view of the future, and claims of a gazillion miles to the gallon. At the time VW debuted the XL1 we reckoned there was as much chance of it going in to production as McLaren’s latest Formula One car making it in to a showroom, and that the XL1 was just a test bed for all the future tech that might just find its way in to Volkswagen’s road cars.