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Geneva Preview: Novitec Rosso Ferrari 599 GTB

This Ferrari is beyond incredible for all of you fans out there. Geneva preview of the Novitec Rosso Ferrari 599 GTB.

Novitec Rosso has struck once again with an even more powerful version of the Ferrari 599 GTB. Thanks to some new turbine blades on the superchargers, some modified piping and a retuned ECU, the twin-supercharged V12 engine has been bumped from the last 808-hp tuning phase all the way up to 848-hp. Novitec claims a 0-60 mph time of 3.4 seconds and a top speed of 214 mph.

Painted in matte white and black and including all of the Novitec goodies, like a special aero kit, 20 and 21-inch wheels with a massive brake upgrade and a height adjustable suspension, Novitec will build just three 848 Race models.

Read the full article at AutoGuide.com.

Toyota “thing” getting even uglier

As this Toyota “thing” unravels you just can’t help but feel it’s going to get even uglier! And it continues to do so….

WASHINGTON — Toyota Motor Corp. “deliberately withheld relevant electronic records” that it was legally required to produce in lawsuits over SUV rollover accidents, the chairman of the House Oversight and Government Reform Committee said today.

Rep. Ed Towns, D-N.Y, said in a letter to the automaker that a review of documents subpoenaed from former Toyota lawyer Dimitrios Biller also shows Toyota may have “withheld substantial, relevant information” from federal regulators.

Read the full article at AutoNews.com.


Photo from fOTOGLIF

Ford trying to jump start economy

Ford is doing their part to jump start this economy with another announcement that will bring people back to work at The Cleveland Engine Plan with a $155 Million investment. They will be building the new and well touted 3.7 liter V-6 engine that will drop into the 2011 Mustangs!

Ford Motor Co. will invest $155 million in its Cleveland Engine Plant to produce the new 3.7-liter V-6 for the 2011 Ford Mustang.

The move is part of a broader push to introduce nine new engines and transmissions in North America this year. With today’s announcement, Ford is two-thirds of the way to its goal — investing a total of $1.8 billion to build six of those at factories from Mexico to Canada.

Read the full article at the Detroit News.


Photo from fOTOGLIF

GM bouncing back strong

Don’t mess with the General. GM announces the addition of a 3rd shift at Lordstown as the automaker ramps up for the new Chevy Cruze. If this vehicle is a hit GM will be “cruzing” into the Spark launch in the near future.

From the Detroit News:

General Motors Co. has invested $1.4 billion in more than a dozen plants and created about 5,500 jobs since emerging from bankruptcy court in July.

The investment and job moves are a stark contrast to last year, when GM shed factories, implemented unprecedented production cuts and slashed thousands of jobs in bankruptcy.

GM emerged from bankruptcy with about $50 billion in federal aid.

Read the full article here.

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