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State of Ferrari: Supercar maker evolves, strives for exclusivity in consumer age

Ferrari means a great deal to a great many, but there are some things it is not--and will never be, says chairman Luca di Montezemolo. That means no full electric cars, four-doors and even fewer Ferraris. All of this is meant to preserve equity in the famous Ferrari brand, believed to be one of the most valuable in the world in any segment of consumer products.

Feds researching fire risks from EV batteries, regulator says

Federal safety regulators have begun an $8.75 million study of whether lithium ion batteries in electric vehicles pose a potential fire hazard, officials said Thursday. Kevin Vincent, chief counsel of the U.S. National Highway Traffic Safety Administration, said researchers are looking at whether the high-voltage batteries can cause fires when they are being charged and when the vehicles are in an accident.

First sight: Volkswagen Passat (2015)

In recent years, European buyers have been switching their mid-size sedans and wagons for smaller cars, crossovers and SUVs. The Volkswagen Passat, Europe's most successful company car, has defined this market segment pretty much since it arrived back in 1973, and this latest, eighth-generation model has been designed to attempt to reverse that buying trend. When we catch up with design director Dr Klaus Bischoff at the car's unveiling, he's certainly confident that the new car represents a significant step forward.