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Donato Coco announced as new Ferrari Design Chief

Donato Coco has been appointed as Ferrari's new Chief Designer, starting November 14. It is a move that fills the void left by Frank Stephenson, who earlier this year moved to head the Fiat, Lancia and Light Commercial Vehicles styling center. "Coco will have the job of stimulating and directing the creativity of Ferrari's partners, which in terms of styling include our historic partnership with Pininfarina," Ferrari said.

F1 photos raise £20,000

A SERIES of photographs taken by Formula One drivers and team members has raised more than £20,000 at a charity auction. The sale included an image taken by Michael Schumacher of a boat on a lake that fetched £2500. An identical amount was paid by Formula One boss Bernie Ecclestone for one of his own pictures.

BMW cancels CS four-door coupe

By Ben Whitworth Motor Industry 05 November 2008 15:00 If you think America’s Big Three are finding market conditions tough, Europe’s finest are sagging on the ropes, too. This week BMW announced it was axing the radical CS four-door coupe – this, after its recent cancellation of the X7 – while Mercedes recorded a 25% drop in North American sales this month. No indeed.