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This is the next Ferrari California T

Ferrari revealed the California T on Wednesday, its next-generation front-engine convertible, prior to March's Geneva motor show debut. The company teased the vehicle last week. Details are scarce right now, but Ferrari says the T again has a retractable hardtop (it lowers in 14 seconds), boasts a new turbocharged V8 making 552 hp and 556 lb-ft of torque—Ferrari hasn't had a turbocharged production car since the legendary F40.

Stolen car returned 33 years later

A DETROIT MAN has his car back - 33 years after someone stole it from a street in the US city. George Talley, 71, was reunited with his 1979 Chevrolet Corvette at the world headquarters of General Motors in Detroit. He last saw his car in 1981 after parking it.

Free of GM, Saab declares its independence

Saab Automobile AB is reinventing itself as an independent automaker. Since its sale by General Motors Co. to Spyker Cars NV in February, Saab has been re-evaluating every aspect of its business.