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This is the next Ferrari California T

Ferrari revealed the California T on Wednesday, its next-generation front-engine convertible, prior to March's Geneva motor show debut. The company teased the vehicle last week. Details are scarce right now, but Ferrari says the T again has a retractable hardtop (it lowers in 14 seconds), boasts a new turbocharged V8 making 552 hp and 556 lb-ft of torque—Ferrari hasn't had a turbocharged production car since the legendary F40.

Sao Paolo 'Giugiaro – 45 Years of Italian Design' exhibition announced

The ‘Giugiaro – 45 years of Italian Design' exhibition will be held at the Sao Paolo Museu da Casa Brasileira. The show, held from 7 February until 31 March, highlights the significance of Giorgetto and Fabrizio Giugiaro's work for the Italian design identity. The Museu da Casa Brasileira, which gives the most important design award in Brazil, will use five rooms to display exhibits ranging from car designs and concepts – the Aztec and Structura – to production models including the Volkswagen Golf Mk 1.

Tesla Model S outselling Chevrolet Volt & Nissan LEAF

Tesla never managed to make any money out of their electric Lotus – the Tesla Roadster – but it does look like they’re on to a winner with their electric  executive saloon, the Tesla Model S. Despite moans that the headline-grabbing sub-$50k Model S was never a reality – and a starting point of $70k – the Model S looks set to outsell the two most successful ‘alternatively fuelled’ cars – the electric Nissan LEAF and the range extender Chevrolet Volt – in the first quarter of 2013. Sales of the electric Nissan LEAF, which costs from $29k in the US, in the first quarter of 2013 were 3,965 units and the Chevrolet Volt, which costs from $40k, sold 4,421 units.