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Ferrari future products: Replacements due for the 430 Spider, the 599 GTB Fiorano

Ferrari will replace two of its five core models, the 430 Spider and the 599 GTB Fiorano, in the next two years, while adding a sportier variant to its best-selling model, the 458 Italia. Here is a look at Ferrari's future product plans: 458 Italia: U.S. shipments of Ferrari's best-selling model began in June last year.

Volume sales of plug-in Toyota Prius to begin in two years

Toyota will start leasing 150 of its Prius plug-in hybrids in the United States this winter and plans retail sales of tens of thousands in two years. The North American arrival, scheduled for around February, is part of a global rollout of 600 units. With a longer electric-only cruise range than the standard Prius, the plug-in is Toyota's answer to the Chevrolet Volt extended-range hybrid being launched next year by General Motors Co.

East meets West at NDE

Nissan opened the doors to its European design studios late last month, part of the Japanese automaker's first ever participation in the London Design Festival events in London, UK. Showcasing the works of 20 designers under the theme of 'East meets West: the cultural crossroads of creativity', the exhibition also included a ‘Pecha Kucha' event with presentations from a further six influential designers. Held in Nissan Design Europe's ground floor conference rooms, the exhibition presented pieces from artists and designers around the world working across various disciplines, including photography, Fine Arts, textiles, product design, fashion and ceramics.