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Ferrari ramps up engine-making -- for Maserati

Ferrari is adding 250 workers and expanding its engine-building capacity, even as it says it will cut car production this year at its landmark factory in Maranello, Italy. Why the cause for growth? Ferrari is ramping up its in-house engine operation and will produce more V6 engines, which sister company Maserati will use in the redesigned Quattroporte sedan and the smaller E-segment entry, the Ghibli.

Tesla Model S performance version to rival BMW M5

Tesla Model S with M5 Performance Our inherent scepticism about Elon Musk’s claims for the Tesla Model S refuses to go away, but Tesla are convinced they can deliver the Model S with a 300-mile range, great looks, great performance and top-end tecchy goodness at a sub-$70k price tag. And now, it seems, there is going to be a Tesla Model S with performance to rival the BMW M5. At an event yesterday in California, Elon Musk revealed that at launch – the Model S is expected to be hit the road in 2012 with UK cars arriving in 2013 – the Model S will in fact have four variants on offer.

Bugatti Veyron is top seller at Barrett-Jackson auction in Las Vegas

Barrett-Jackson Auction Co. CEO Craig Jackson has the distinction of being the highest bidder at his firm's recent sale in Las Vegas--paying $770,000, including the buyer's premium, for a 2008 Bugatti Veyron when the original winning bidder refused to pay. Overall, the three-day auction, held Sept.