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Ferrari SP FFX revealed – it’s not a looker

The one-off Ferrari SP FFX – complete with white fringe and coupe roof. Ferrari Special Operations is the division of Ferrari that relieves very well-heeled punters of vast quantities of cash to create one-off specials – just like Eric Clapton’s Ferrari SP12 EC. But a big bank account doesn’t necessarily equate to great taste, at least not if the only image we have of Ferrari’s latest one-off creation – the Ferrari SP FFX – is anything to go by.

Volvo V60 diesel hybrid highlighted in video

Volvo released a few lighthearted videos this month of lab-coat-wearing engineers unboxing the new V60 diesel hybrid wagon. Unboxing is the Internet practice of filming when opening a new product—or taking it apart, such as an Apple iPod. We first saw the V60 at the 2011 Geneva motor show, and then this year in Detroit.

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.