Luca di Montezemolo, president of Ferrari says the successor to the Enzo, the LaFerrari, “defines excellence” and has finally been unveiled yesterday at the Geneva Motor Show. LaFerrari, the first Ferrari road car in history to be powered by a gasonline-electric system, uses what Ferrari calls HY-KERS, which makes 789 hp from its 6.3 liter V12 engine and revving to 9250 rpm when mated to the electric boost of 161 hp total system output is 950 hp.

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The Lamborghini Veneno, designed to celebrate Lamborghini’s 50th birthday, is an Aventador LP700-4 spin-off featuring a completely different body and a redesigned interior with the same race car-like feel of the exterior.
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Set to make its world debut at the Geneva Motor Show on Tuesday, March 5th, Toyota has unveiled the i-Road concept,a new electric scooter that drives like a car thanks to a newly developed Active Lean technology early.
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Featured with six seats, three rows, bold American SUV styling, Volkswagen‘s new concept SUV is a diesel-electric, plug-in hybrid powertrain that delivers an estimated 89 mpg in electric mode and  35 mpg combined. Volkswagen conjured so sort of automotive magic at this year’s North American International Auto Show in Detroit with the unveiling of a sensational new CrossBlue mid-size SUV concept.
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General Motors plans on having a fat growth margin for plug-in hybrid sales in 2013. Last year, GM sold roughly 30,000 Volts and Opel Ampera and according to an unnamed source, Bloomberg reports that the automaker plans to build 20 percent more this year .
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Hyundai is recalling another 6,071 more of its 2012 Veloster hatchbacks because the panoramic sunroof might break.
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Although it isn’t clear what effect E15 will have on cars, AAA president Robert Darbelnet believes that not knowing is reason enough to justify halting sales. On Tuesday February 26th, Darbelnet told Congress that the government hasn’t properly warned drivers about potential damage to their vehicles.
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Land Rover will debut the world’s first nine-speed automatic transmission, developed in partnership with world leader in transmission technology ZF at the upcoming Geneva Motor Show.
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