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LA Motor Show: New Subaru WRX gets downsized engine

SUBARU has revealed a production-ready version of the WRX concept first seen earlier this year. The latest edition of the performance saloon may not be coming to the UK at all, but Subaru has finally given the 268bhp machine the go-ahead for Japan and North America. A new 2.0-litre ‘boxer’ engine carries on the brand’s tradition, bringing with it the same low centre of gravity as the old 2.5-litre unit but with greater environmental credentials.

Jaguar Land Rover lands Nokia's Damien Dinning

Jaguar Land Rover has acquired the services of Nokia's chief imaging head Damien Dinning, who it hopes will advance its connected car systems. Dinning, who has been with the Finnish technology giant since 2004, took the decision to leave because of his reluctance to relocate his family from the UK to Finland. In an open letter published on PureViewClub he said, "My experience in telecoms and smartphones provides me with a great opportunity to make a difference in a company whose own development is inspiring at a time of great change.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.