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Ferrari boss Montezemolo says his future is fast cars--and fast trains

Ferrari S.p.A. Chairman Luca Cordero di Montezemolo has pledged his future to the supercar brand, refuting speculation that he might quit to join Italy's government. “In my future I see fast cars and fast trains--and no politics,” Montezemolo told Automotive News Europe in an interview at Ferrari's headquarters here.

Italdesign Giugiaro tweets first glimpse of new concept

Italdesign Giugiaro has released the first of a series of teaser images of its new Geneva-bound concept car, exclusively to its Twitter followers. The Volkswagen Group-owned Italian design house has announced that from today it will be posting teaser shots of the unnamed prototype in the build-up to this year's Geneva show. When the show gets up-and-running on  6 March, Giugiaro will be tweeting directly from their booth with pictures, news and videos.

E85 makes inroads on cost and availability

Three years ago, we embarked on a Midwest road trip in search of what was then the Holy Grail of fuel: E85. Our findings weren't too positive--there were far more E85-compatible vehicles on the road in 2006 (5 million) than there were E85 pumps to fuel them (about 700 out of some 200,000 fuel stations nationwide). In addition, those burning the mix of 15 percent gasoline and 85 percent ethanol were paying a pretty penny for their earth-friendly ways, losing about 15 percent in fuel economy while often paying the same price as for regular unleaded.