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NHTSA unveils new safety ratings; BMW and Hyundai first to get five stars

The 2011 BMW 5-series and the Hyundai Sonata were the first two cars to achieve five-star ratings under NHTSA's revised safety ratings announced on Tuesday. The National Highway Traffic Safety Administration will rate a total of 24 cars, 20 SUVs, nine pickups and two vans for the 2011 model year. The federal agency has significantly modified its rating process and will now grade side-pole testing and crash-prevention technologies such as lane-departure warning and electronic stability control.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

Ferrari World's F430 Spider-inspired rollercoaster

This is the latest Ferrari. It’s not an MR2-based rip off, or a one-off four-seat F430 Spider, but the new rollercoaster at Ferrari World. Yes, and according to the people at the Prancing Horse it will be the world’s biggest indoor theme park; it’s being built alongside the F1 circuit on Yas Island and is set to open in the second half of 2010.