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Ferrari teases next California

Ferrari is set to reveal a new, or possibly improved, vehicle on Feb. 12. It will be the world premiere of the “149M Project”, which Internet rumors have pegged as a (M)odified version of the current California drop-top.

BMW Mega City Vehicle (2013) and sports car news

The Vision Efficient Dynamics concept car is tipped as a potential addition to the MCV sub brand By Tim Pollard Motor Industry 03 June 2010 22:49 BMW's new Mega City Vehicle (MCV) will launch in 2013 and spawn a whole family of innovative, high-tech models – possibly including a production version of the Vision Efficient Dynamics concept car, according to the sales boss. Ian Robertson, board member for sales and marketing at the BMW Group, said the MCV would be the brand's first full series production electric car at launch in 2013.'It will be badged as a BMW sub brand - with a propeller badge and a separate name,' he said. 'We are in the final stages of deciding what that name will be and there are some exciting options.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.