Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.

Volvo’s ‘World Premier’ is a bit of a damp squib

We had been hoping – and, to a degree, expecting – that Volvo’s big ‘World Premier’ they’ve been teasing for today would be the new Volvo XC90, a long overdue replacement for the (still surprisingly good) current model which is now more than a decade old. But it’s not. Instead, the big news is that the facelift Volvo XC60 is getting a global launch with Swedish House Mafia’s ditty ‘Leave the World Behind’ as its sound track.

Chevy Camaro Z/28 vs. Porsche 911 GT3: Track day shootout

We're in a Barber Motorsports Park garage in Birmingham, Ala., on a brisk morning with pro race-car driver Andy Pilgrim -- along with the Chevrolet Camaro Z/28 and Porsche 911 GT3, the latest, road course-focused street cars for 2014. Cadillac Racing pays Pilgrim to pilot a CTS-V coupe in the Pirelli World Challenge series, but today he is our hired gun to give us top-level feedback around the challenging 2.38-mile circuit. Pilgrim's r