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Lexus ES sedan production coming to Kentucky

Toyota Motor Corp. plans to invest $360 million to bring production of the Lexus ES sedan to Kentucky, making it the first model from Toyota's premium brand to be built in the United States as the carmaker pushes to localize more manufacturing. Under the plan announced Friday in New York by CEO Akio Toyoda, Toyota will boost annual capacity at its Georgetown, Ky., plant by 50,000 vehicles to accommodate ES output.

Who's Where: Fabio Filippini appointed Design Director at Pininfarina

Famed Italian coachbuilder Pininfarina will soon welcome a new Design Director into the fold. Fabio Filippini, an Italian who has worked in France, Japan and Spain, will join the design house from April 1 2011, filling the roll previously vacated by Lowie Vermeersch late last year. Fabio Filippini joins Pininfarina from his previous role as Vice President of Interiors at Renault Design.

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.