Just last week, General Motors announced plans to speed up repayment of billions in loans from the U.S. government. Technically, the company's fast-track, $1 billion-per-quarter payback schedule doesn't kick in until December, but GM is getting a head start on things by returning $140 million right now. The cash comes from a $2.5 billion loan GM...
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Ferrari F430 Scuderia On Sale in ‘08
Ferrari’s newest berlinetta, the 430 Scuderia, made its North American debut at last week’s auto show in Los Angeles . The Scuderia is the ultimate performance version of the F430, which already has a ...
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Ferrari Flaunts F430 Scuderia
Retired Formula One world champion and Ferrari legend Michael Schumacher was at the Frankfurt Motor Show to unveil a new model, the 430 Scuderia — and to cause a mega-mob at the Ferrari press conference, ...
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2005 Ferrari Challenge Stradale
(2003 model shown) Challenge Stradale This limited-production Ferrari (which translates into really limited production, considering the company builds only a mere handful of cars each year, relative ...
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Ferrari Sets Guinness Record
A grand total of 385 cars worth in excess of $120 million: that’s what was lapping the world famous Silverstone grand prix circuit in the U.K. over the weekend, setting a new ...
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Phil Hill Ferrari Fetches $9.3M
When the gavel fell on the last car for auction, Ferrari’s “Leggenda e Passione” sale of a clutch of classic Ferraris from its own archives and from its owners’ garages had ended in history. The auction ...
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On the Block: Phil Hill Ferrari
Ferrari will celebrate the upcoming Mille Miglia by cleaning out its closet and the closets of some of its private collectors as it auctions off select bits of Ferrari history, including a Le Mans-winning ...
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Ferrari Rally Celebrates 60 Years
A trans-continental relay event to mark the 60th anniversary of supercar brand Ferrari has started in the United Arab Emirates . The marathon drive involves more than 10,000 Ferrari owners ...
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F1 Critical for Ferrari
Think of Formula One racing as “the advance part of our R&D department,” said Amedeo Felisa, the Italian automaker’s general manager and number-two executive. Ferrari may not be dominating the sport like ...

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