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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.

Mazda's rotary engine stalled, not forgotten

Development of the next-generation rotary engine from Mazda Motor Corp., first unveiled three years ago, is making slow progress despite missing emissions targets. A top Mazda powertrain executive said today that the 1.6-liter rotary engine, called the 16X, is about 30 percent more fuel-efficient than the current rotary engine used in the RX-8 sporty car. In fact, the 16X so far performs slightly better than Mazda's standard two-liter gasoline engine, said Mitsuo Hitomi, general manager of the Japanese carmaker's powertrain division.

Video: Honda Super Ultra Daydreams has us smiling with joy

Honda's press conference at last week's press conference was full of the usual marketing messages about sales figures, new models and company strategies but the thing that caught our magpie-like eyes was this joyful little video. The cheeky vector graphics feature 19 of the company's concept cars from the last 20 years, starting with the 1994 FSR right up to the NSX via such wonderful oddities as the Kiwami and P-Nut, all accompanied by a bouncy score.  It reminded us all why this is a brand that has always stood out as individual and creative even if the last few years have been a little sparse.