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Ferrari and watchmaker Hublot ink long-term deal

Saturday under cloudy Florentine skies, Ferrari president Luca Cordero di Montezemolo and Jean-Claude Biver, CEO of Hublot S.A., arrived at Autodromo Internazionale del Mugello, the practice track for Scuderia Ferrari, to make an announcement bright with promise: For the third time since its founding, Ferrari will enter into a long-term timepiece collaboration, this go-around with Hublot. The freshly inked five-year partnership technically commences in January, but both Montezemolo and Biver were almost giddy of Saturday's announcement and indicated that prototypes were under way. Officially Hublot will be the “watch and timekeeper of Ferrari,” as well as the “timekeeper of Scuderia Ferrari,” the company's racing arm.

Volvo reveals C30 BEV electric car

By Tom Sharpe First Official Pictures 17 September 2009 11:44 Battery power is back on the menu at Volvo with this, a C30 plug-in hybrid. The electric Volvo C30 BEV wasn’t at Frankfurt, and the Swedes announced the zero-emissions runaround today – along with details of a 92-mile range, 80mph top speed and 0-62mph sprint of less than 11 seconds. The BEV stands for Battery Electric Vehicle and Volvo’s new plug-in hybrid could be introduced to the C30 range by 2012, bosses say.

Lotus V8: the new engine plan in full

Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The feedback from customers was "how can you justify a £100,000 car with a Toyota engine?",' said chief executive Dany Bahar.