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De Tomaso gets an injection of Rupees to keep going

De Tomaso to get €100 million from India De Tomaso hasn’t had the most solvent history in the motoring world, and had been dormant until ex-Fiat man Gian Mario Rossignolo rescued the name – and some of the assets – from the liquidators. And he had big plans. The first of those plans was the underwhelming De Tomaso Deauville, a car which borrowed its name from a previous XJ-like saloon car from De Tomaso, but looked like the bastard child of a Porsche Cayenne and a 5-Series GT.

Ferrari sets price for the 458 Spider

Ferrari has set the price of the 458 Spider at $257,000, with U.S. sales to start in January, In Europe, the sports car will cost 226,800 euros, or $309,000 at current exchange rate. Sales begin in October.

Honda Gear Concept

Rather than fighting for headlines at NAIAS, Honda debuted its new GEAR Concept at the Montreal International Auto Show. The subcompact GEAR is apparently inspired by fixed-gear bicycles (although quite how is unclear), described as a customizable vehicle that demonstrates the carmaker's way of providing vehicles for young, urban, Gen-Y lifestyles. "Subcompact cars are usually either utilitarian, but uninspiring or they're fun, zippy cars that are impractical and too expensive for the Gen-Y buyer," said Dave Marek, Design Director at Honda R&D Americas, Inc.