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Ford names Freeman Thomas as Strategic Design Director

 Long-time DaimlerChrysler designer Freeman Thomas is joining Ford Motor Company from June 1. Thomas, 47, will become director of Strategic Design, reporting to Peter Horbury, executive director of Design, North America. Based in the company's Irvine, California studio, Thomas will lead advanced design teams in both California and Dearborn.

EBay exotic: 1971 Maserati Indy

In honor of the upcoming 100th anniversary of the Indianapolis 500, we bring you this lovely red 1971 Maserati Indy. Styled by Vignale, the Indy served as Maserati’s four-passenger business express from 1969 to 1971, powered originally by a 4.2-liter V8 and later by 4.7- and 4.9-liter versions of the Ghibli powerplant. This Oregon-based Euro-market example has a five-speed manual gearbox and power steering, and the owner of 20 years claims to have had a lot of expensive-sounding work done over the past few years.

Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.