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SRT Viper production halted amid slow sales

Chrysler has made the decision to suspend production of the SRT Viper for a least two months, citing slow sales. The move is expected to result in layoffs of 91 hourly workers at Chrysler's Conner Avenue Assembly plant in Detroit. Back in October of 2013, Chrysler cut Viper production by a third, citing slow sales and growing inventories.

Scion considers moving upscale

Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.

Ferrari F150 confirmed for Geneva. Well, there’s a surprise.

Ferrari’s new ‘limited edition special series car’ – the Ferrari F150 / New Enzo – has been confirmed for a reveal at the 2013 Geneva Motor Show. You may be astonished to learn that Ferrari hasn’t officially confirmed that the replacement for the Enzo – codenamed Ferrari F150 – will actually debut at the Geneva Motor Show But it hasn’t. Well, it hasn’t if you’re simply a Ferrari lover.