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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

Volkswagen Golf R 400 Concept with 395bhp heading for Beijing

The VW Golf R 400 can hit 62mph in 3.9 seconds Volkswagen usually reserve their extreme concepts for the Worthersee Show, but they’re heading to next week’s Beijing Motor Show with a very extreme Golf R. The VW Golf R 400 Concept takes the regular Golf R – perhaps the most ‘grown-up’ hot hatch you can buy – and not only adds more power but extreme styling too. That means the 2.0 litre turbo 4-cylinder engine in the Golf R being crankes up to deliver 395bhp (400PS) which cuts the 0-62mph time by a full second over the production Golf R with the DSG ‘box to a supercar-bashing 3.9 seconds.

Ferrari 612 Scaglietti 60th Anniversary (2007): first official pictures

By Jack Carfrae First Official Pictures 30 January 2007 11:35 Ferrari 612 Scaglietti 60th Anniversary: the lowdown This week marks the beginning of Ferrari’s extravagant 60th anniversary celebrations – and they’re led by that rarest of things: a Ferrari special edition. Between kicking off a cross-continental marathon and announcing a Ferrari theme park, Maranello has unveiled plans to produce a limited run of 60 unique versions of the 612 Scaglietti. Each car will commemorate the 60 most significant events in the history of the company, ranging from F1 World Championship wins to the launch of milestone models such as the F40 and Enzo.