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Ferrari and watchmaker Hublot ink long-term deal

Saturday under cloudy Florentine skies, Ferrari president Luca Cordero di Montezemolo and Jean-Claude Biver, CEO of Hublot S.A., arrived at Autodromo Internazionale del Mugello, the practice track for Scuderia Ferrari, to make an announcement bright with promise: For the third time since its founding, Ferrari will enter into a long-term timepiece collaboration, this go-around with Hublot. The freshly inked five-year partnership technically commences in January, but both Montezemolo and Biver were almost giddy of Saturday's announcement and indicated that prototypes were under way. Officially Hublot will be the “watch and timekeeper of Ferrari,” as well as the “timekeeper of Scuderia Ferrari,” the company's racing arm.

General Motors salutes Bob Lutz

General Motors gave a fitting send-off to now-retired vice chairman Bob Lutz on Tuesday in Detroit. Lutz officially hung it up on April 30 after more than five decades in the auto business. He was most recently an adviser and served an extended stint as GM's product boss.

Extreme sports safety kit to inspire Volvo technologies

SWEDISH car maker Volvo is aiming to develop new safety technologies based on processes used to make extreme sports safety gear. The firm has announced a partnership with POC, another Swedish company, which designs lightweight, strong and high-tech safety equipment for climbers, snowboarders, mountain bikers and other extreme sports fanatics. The initial focus will be on the relationship between cars and cyclists, with the specific aim of developing a one-way method of communicating that the driver has seen the cyclist.