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2014 Mercedes-Benz S-class arrives

Mercedes-Benz has pulled the wraps off of the 2014 S-class at a media presentation in Hamburg, Germany, revealing a technological tour de force that the firm hopes will continue the plush sedan’s traditional dominance at the top of the global luxury car market. Set to arrive in North American showrooms in September, the Mercedes-Benz flagship is charged with the task of replacing not one but two different model lines. On the one hand, it has been developed to fill the role of the previous generation S-class on sale since 2007.

Ferrari plans ‘Super’ LaFerrari – quicker, lighter and MUCH more expensive

Update: Ferrari has been on the phone to say they are NOT planning a ‘Super’ LaFerrari and that the story is as a result of a misunderstanding. We did wonder, when Ferrari revealed LaFerrari – complete with stupid name – if the only way to go in the future would be a LaLa Ferrari. It seems we won’t have to wait long to find out.

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.