Spectre Performance 4933 Water Neck on 2040-parts.com

Ferrari celebrates 30 years in Hong Kong

ICONIC sporting brand Ferrari turned on the style to celebrate 30 years of presence in Hong Kong. Ferrari's president Luca di Montezemolo was in attendance alongside a spectacular display of over 600 Ferraris - the largest gathering ever in Greater China - arranged to form the traditional five-petal flower. The gathering also was used to show the firm's latest offering the 458 Speciale which was unveiled by Marc Gene, the Scuderia F1 team's chief test driver.

General Motors says its EN-V concept might be tested in large cities

General Motors is working on a second generation of its EN-V electric-car concept and might test the two-seat, pod-shaped vehicle in large cities around the world. The EN-V will wear the Chevrolet badge. It is designed to communicate with other vehicle and city infrastructure to minimize congestion.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.