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Ferrari chief Montezemolo balances growth, exclusivity

On the morning of the day he celebrated 20 years as head of Ferrari, Luca Cordero di Montezemolo says his first thought was about the future, not the past. He pondered what the world's most famous sports-car maker would look like in 2020. "I have not come up with a comprehensive idea yet," said Montezemolo in an interview at his office in Maranello, 11 miles south of Modena in central Italy.

Vauxhall, Opel, Pegueot, Citroen merger talks fail

Talks between GM Europe and PSA (Peugeot Citroen) have failed as a French government bailout for PSA looks imminent. When we reported in March that G.M. Europe (Vauxhall and Opel) has signed an agreement with PSA (Peugeot Citroen) to cut costs and share platforms we thought it a pointless gesture; the savings, compared to the huge losses, were minimal.

2014 Volkswagen Scirocco & Scirocco R facelift tweaks the old Scirocco

The 2014 Volkswagen Scirocco (pictured) gets a facelift Before you get too excited, the 2014 Volkswan Scirocco isn’t a nice new version of the Scirocco based on the new Golf Mark 7, but a minor titivate designed to make the ageing Scirocco look a little fresher. Volkswagen has employed the usual facelift tweaks to make the 2014 Scirocco look subtly different to the current model with new bumpers, modified grill, new bi-xenons, new LED tail lights and black diffuser at the back. There’s also a new range of colours on offer and, although the standard Scirocco gets 17″ alloys, you can option 18 and 19″ too.