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N.A.R.T. racers will highlight the Fall Ferrari Festival in New York

A selection of famous race cars from Luigi Chinetti's North American Racing Team will headline the Fall Ferrari Festival in upstate New York. The spotlight car will be the 1965 N.A.R.T. 250LM, the last Ferrari to win the 24 Hours of Le Mans.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

Concept Car of the Week: BMW Spicup (1969)

The oddly named Spicup, standing for Spider and Coupé, was first presented at the 1969 Geneva Motor Show. Carozzeria Bertone had previous collaborations with BMW such as the 3200CS coupe by Giugiaro. The friendship between Nuccio Bertone and Willhelm Hoffmeister, head of bodywork construction at BMW, must have also contributed to the brand agreeing to provide an early pre-production of the E3 generation 2500 saloon as a base for the concept.