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Ferrari 599XX unveiled at Geneva motor show 2009

By Ben Pulman First Official Pictures 03 March 2009 13:02 This is Ferrari's 690bhp 599XX, a stunning €1.1million showpiece for the Prancing Horse’s future technologies. Let’s start with the engine. It’s basically the V12 from the awesome Enzo, so a little extra power is easily achievable.

Ferrari posts huge profits - by building fewer cars

AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.

Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.