Yamaha Outboard Twin Controls 704 on 2040-parts.com

2012 Ferrari California revealed ahead of Geneva

The 2012 California gets more power and less weight The Ferrari California has been given a bit of a facelift for 2012, with lower weight and more power. Debuts at Geneva 2012. Update: We’d expected to see the California go up in price by around £10k, but Ferrari tell us that the new price – £152,086, up from £146,960 – is not related to the California updates but just an annual increase of 3.4 per cent levied from January.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Exclusive: Koenigsegg cuts production numbers on the CCX & CCXR Edition

The Koenigsegg CCXR Edition - Now just 4 cars in the world! The CCXR Edition was never going to be a production line car churning out one after another. It was always going to be a real limited edition model, just for the few.