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Lazzarini Design creates Ferrari-powered Fiat 500

If you saw the Fiat Abarth 659 Tributo Maserati car and thought to yourself, “That's just not enough razzle-dazzle,” then maybe this will strike your speed-seeking fancy. It's a Fiat 500 powered by one of the best engines in the world—the 4.5-liter V8 from the Ferrari Italia. Lazzarini Design came up with the concept, and the company says it's waiting for an investor with $550,000 burning a hole in his or her pocket to give building one a shot.

Chevrolet prices CNG-ready Impala for 2015

Chevrolet announced pricing for the upcoming CNG-capable 2015 Impala sedan, which can run both on gasoline and compressed natural gas. The sedan will start at $38,210 and will go on sale in late fall of 2014. This version of the Impala will be available in base LS trim as well as the more luxurious LT trim, though Chevrolet has not announced pricing specific to the higher-spec LT model.

Obama: U.S. fleets must use alternative-fuel vehicles by 2015

President Barack Obama said Wednesday that starting in 2015, all new cars and trucks bought by the federal government will be hybrids, electric vehicles and other alternative-fuel vehicles. The government operates more than 600,000 fleet vehicles. Obama, in a far-ranging speech about U.S.