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Ferrari ramps up engine-making -- for Maserati

Ferrari is adding 250 workers and expanding its engine-building capacity, even as it says it will cut car production this year at its landmark factory in Maranello, Italy. Why the cause for growth? Ferrari is ramping up its in-house engine operation and will produce more V6 engines, which sister company Maserati will use in the redesigned Quattroporte sedan and the smaller E-segment entry, the Ghibli.

Koenigsegg planning an entry-level car – but it’ll still cost £500k

Koenigsegg are planning an entry-level car at half the price of the Agera R (pictured) Think of the cars that Christian von Koenigsegg has made since he started with the CC8S in 2002 and you think of them as extremes of the supercar genre; the Swedish engineering take on the bloated and massively complex Bugatti Veyron. Christian’s men in a shed in Sweden have gone on to make a series of progressively quicker and more impressive supercars, through the CCR, CCX and the Agera and on to the current most extreme iteration – the Koenigsegg One:1. But it looks like Christian has decided that his ambition to create the world’s greatest hypercar leaves room for a ‘Lesser’ Koenigsegg, a car that still has innovative engineering and extreme performance but comes at a lower price.

Revealed: the most expensive areas for car insurance

A study by AA Insurance has found that drivers in London are paying the most for their car insurance – with the average premium costing a whopping £922.44. And – despite a recent fall in car insurance premiums – the average cost could soon increase, with some areas already noticing insurance getting more expensive. Top 25 new cars that are cheap to insure Cheapest cars to insure for 17-18 year olds The AA found that car insurance is the most expensive in London, followed by the IG postal area (including Ilford, Barking and Chigwell), with an average premium of £912.07.