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DeLorean DMC-12 electric prototype debuts

The DeLorean DMC-12, one of the world's most iconic cars, is making waves again, re-emerging as an all-electric vehicle. The DeLorean Motor Company, now based in Texas, rolled out the proof-of-concept version of the eDeLorean to customers at its biannual DMC headquarters gathering in Houston over the weekend. “I wanted my customers to see it first,” DMC owner Steven Wynne told Autoweek.

Lexus Fashion Workshop designers make car parts fashionable

Lexus is moving from the road to the runway with a new ad campaign set to appear in Vogue magazine. As part of the Lexus Fashion Workshop, the carmaker challenged four fashion designers to create wearable pieces using materials from a dismantled Lexus CT hybrid. The challenge is "elevating the notion of recycling to an art form," according to Lexus, which says the CT hybrid is 90 percent recyclable.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.