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Ferrari 458 Italia is the latest masterpiece from Maranello

Ferrari has drawn from the visual spirit of the Enzo to create a power-packed replacement for the F430 that shuns the rounded curves of its past V8s in favor of chiseled, unmistakable aggression. Boasting a new 4.5-liter V8 engine, a seven-speed dual-clutch gearbox and a 202-mph top speed, Ferrari has revealed that the car--code-named F142 and long rumored to be named the F450--will be called the 458 Italia. Following Ferrari lore, it stands for a 4.5-liter engine with eight cylinders, though why Ferrari thought people would forget it came from Italy is anybody's guess.

Gilles Vidal: innovative materials key to Peugeot's future

Future Peugeots will be defined by their use of materials in a bid to shift the brand upmarket, according to design director Gilles Vidal. Raw, unprocessed materials, he says, will not only prove more ecologically sound, but also more engaging. And his plans don't stop there.

Audi to build cars in Mexico

Volkswagen Group has settled on Mexico as the location for a factory for Audi. The Audi supervisory board decided in favor of Mexico over a site next to VW's factory in Chattanooga, Tenn., which opened last year to build the VW Passat. The Mexico plant will provide a boost to the VW Group’s sales prospects and manufacturing operations in North America, where its light vehicle output rose 25 percent in 2011 to a record 542,363 units.