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Ferrari issues stop-sale order on 488 GTB for fire risk

The Basics: Ferrari North America has issued a stop-sale notice to its dealers regarding 2016 models of the new 488 GTB. The Problem: As with the earlier recall of the California T, the issue stems from low-pressure fuel line that may not connect properly to the feed pipe of the fuel pump. That could cause a fuel leak in the engine compartment, which could in turn start a fire. Injuries/Deaths: None reported. The fix: Dealers will need to replace the fuel line assembly. If you own one: All the problematic units of the 488 are in dealer hands. According to the statement below from the National Highway Traffic Safety Administration, "no un-remedied Ferrari 488 vehicles have been sold to the public." Ferrari S.p.A. informed Ferrari North America, Inc. (FNA) of the possible defect on the low pressure fuel line connection of the fuel pump provided by Ferrari's supplier Dytech – Dynamic Fluid Technologies S.p.A. on 11/17/15. Ferrari S.p.A. has informed FNA that during a routine pressure check for Assembly Line Testing on 11/04/15, they found a small air leak on the above described pipe connection. On 11/05/15 Ferrari S.p.A. extended their testing to evaluate vehicles that had been produced with the same batch of low pressure fuel lines. On 11/17/15 Ferrari S.p.A. concluded the investigatory testing and determined that the fuel vapor leak was a safety defect. With regard to the Ferrari 488 vehicles, on or about December 10, 2016 Ferrari determined that affected vehicles had left our control bound for various Ferrari dealers. We have notified our dealer network with a "Stop Sale" Notice informing them that this recall must be performed before the affected vehicles are sold to customers. It is important to note that no un-remedied Ferrari 488 vehicles have been sold to the public.

Ferrari will increase production by 30% to 9,000 cars per year

After years of keeping production purposefully limited to guarantee exclusivity under the reins of Luca di Montezemolo, Ferrari is looking to seriously ramp up its numbers in the near future. A filing with the Securities and Exchange Commission indicates the iconic, Italian supercar maker intends to boost volume by 30 percent to reach around 9,000 vehicles annually by 2019, according to CNBC. Because Ferrari is already doing quite well financially, the extra sales would likely offer a serious boost to profits in the early years after its $10-billion initial public offering. Ferrari's filing also mentions growing demand in emerging markets and a larger "spending capacity" among wealthy buyers as reasons for growing the volume, according to CNBC. However, the company's execs intend to watch how the strategy works and ensure that the brand keeps an air of exclusivity. Sergio Marchionne initially promised to keep annual volume around 7,000 supercars last year. However after taking over as the Prancing Horse's chairman, he reportedly started considering pushing the numbers closer to 10,000. With Marchionne potentially becoming Ferrari CEO as well, the company's future is largely in his hands now. Under Marchioness plan, Ferrari plans to launch a new model each year through 2018. The Prancing Horse is reportedly developing a modular, aluminum space frame to underpin most of its future vehicles. The first to get it might be the next-gen California in 2017. Related Video:

Ferrari FXX-K Evo sprouts wings and looks ready to fly

The winged devil you see above is the Ferrari FXX-K Evo. All those protuberances are there for a reason – from the reshaped front fascia with its carbon fiber splitters to the twin-profile rear wing and fixed fins – and that's to produce downforce. Some of the most important aero bits are hidden where you can't see. Vortex generators affixed to the belly of the beast and a massive rear diffuser help suck the FXX-K Evo to the track. A path of air travels from the hood, over the canopy, and ultimately to the rear wing, all in an effort to optimize flow and increase high-speed stability. At 124 miles per hour, says Ferrari, the bits and baubles push toward the earth with 1,411 pounds of downforce. In addition to the aero tweaks, Ferrari made adjustments to the FXX-K's suspension, fitted it with a redesigned steering wheel, and installed a larger interior display. Owners of previous FXX-K models can opt to have these upgrades added to their cars, and a limited number of new Evos will be produced. These 1,050-horsepower hybrid gasoline-electric machines aren't meant for the street. Instead, Ferrari arranges a nine-race schedule for owners who wish to stretch the FXX-K's legs out on the track. And if you're lucky enough to own one, we certainly hope you find enough time to take part in the high-speed festivities. Related Video: