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Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Subaru Legacy concept hints to what’s in store for 2010

Don't let the concept tag fool you because the Legacy concept that Subaru introduced at the Detroit Auto Show News is basically what the 2010 Legacy will look like when it goes on sale this summer with the exception of minor tweaks. In celebration of 20 years of Legacy production designers gave it sharper lines, larger fender flares over all four wheels and more distinctive front-end treatment. Sharp headlamps with vertical LED lights sandwich the large grille with the Subaru logo centered.

Koenigsegg's craziest supercar yet debuts at Geneva

Here's what you need to know about the Koenigsegg One:1. It weighs 1,360 kilograms; it produces 1,360 hp. One horsepower per kilogram, which is why mad scientist Christian Von Koenigsegg is absolutely justified in bragging about it: it's the world's first "mega car," he said.