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Ferrari chief Montezemolo balances growth, exclusivity

On the morning of the day he celebrated 20 years as head of Ferrari, Luca Cordero di Montezemolo says his first thought was about the future, not the past. He pondered what the world's most famous sports-car maker would look like in 2020. "I have not come up with a comprehensive idea yet," said Montezemolo in an interview at his office in Maranello, 11 miles south of Modena in central Italy.

Who's Where: Lorenzo Ramaciotti appointed Chief of Design for Fiat Group

Starting June 1, 2007 Lorenzo Ramaciotti will become the new Group Chief of Design at Fiat Group Automobiles. Ramaciotti was snatched up by Fiat CEO Sergio Marchionne and convinced to head the company's design direction, filling a newly created position that hasn't previously existed at Fiat. Lorenzo Ramaciotti, who retired from Pininfarina in June 2005 after working for the famed coachbuilder for 32 years, will be responsible for all the Fiat Group brands, including Alfa Romeo, Lancia and Maserati.

Lexus CT 200h and F Sport refreshed for 2014

Lexus has taken the wraps off a refreshed 2014 CT 200h at the Guangzhou Motor Show in China, updating the car for the first time since its debut as a 2011 mode, and it'll also be appearing at the LA Auto Show today. The biggest visual change is of course the addition of the new corporate front fascia which Lexus refers to as the "spindle grille." Other changes on the outside include a choice of new 16-inch and 17-inch alloy wheels featuring a ten-spoke design. The CT 200h has also been treated to redesigned rear bumper, the most noticeable changes being the black lower center section, and L-shaped reflector housings.