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Subaru Previews SEMA Concepts, A Zagato Ferrari: Today’s Car News

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2010 Subaru WRX STI by SPT Concept

2010 Subaru WRX STI by SPT Concept

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Subaru will present two new concept cars at next week’s 2009 SEMA Auto Show as well as a very unique vehicle from the automaker’s past. The two concepts are based around the 2010 WRX STI and Legacy and use parts from the automaker’s in-house performance shop Subaru Performance Tuning (SPT). [Motor Authority]

Legendary Italian coachbuilder Zagato has teamed up with Ferrari to build a very exclusive run of modified 550 Barchettas. Stripping back the cars to a bare chassis, Zagato’s design team then rebuilt the cars with custom bodywork and trim. [World Car Fans]

The creator of British sports car company Caterham, Graham Nearn, passed away this week at the age of 76. Nearn started out as a dealer of Lotus cars before coming up with the idea of building his sports cars based around the original Lotus Seven chassis. [AutoWeek]

During a recent green car challenge in Australia a man driving a Tesla Roadster managed to clock up 313 miles on a single charge, breaking the electric production car record for distance travelled on one charge. [Autocar]

The cash for clunkers program has helped Penske Automotive Group, the second biggest car dealer network in the U.S. by sales, report a 23% increase in quarterly earnings. [Reuters]

Believe it or not, BMW was once considering launching an M5 convertible based on the E34 generation. The automaker went as far as even building a concept version but alas, the high-performance convertible was never meant to be. [Piston Heads]

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