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Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Gran Turismo 5 features Newey's dream car

WITH VIDEO -- Red Bull Racing's X1 Prototype, designed by Adrian Newey and tested by Formula One driver Sebastian Vettel, will be included in the Gran Turismo 5 video game set to go on sale in November. When creating Gran Turismo 5, the Polyphony Digital design team wanted an ultimate car, one not limited by the rules. "Every race in the world today conforms to some sort of regulations, and every racing car is built to fit within those various regulations," said Kazunori Yamauchi, president of Polyphony Digital Inc.

2013 Hyundai ix35 Facelift revealed

We have the first picture of the facelift for the 2013 Hyundai ix35 – which will debut at the Geneva Motor Show. Although it’s a small facelift. We’ve been expecting a facelift for the Hyundai ix35 to appear before Geneva, especially after we spotted an ix35 FCEV floating around in Korea last year with a new, more convincing nose.