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2013 Ferrari FF [w/video]

The World's Fastest Four-Passenger is Frickin' Fabulous
"I miss my mommy."
Those frightened words floated from the mouth of a five-year-old boy strapped snugly into a booster seat in the backseat of the Ferrari FF I was piloting. Moments earlier, his father had allowed me to take him, and his two brothers, for their first ride in a supercar, and I had apparently failed miserably.

In some Italian cities, even fast cars can no longer go fast

There’s so much to love about Italy: spaghetti carbonara, Ferraris, tiramisu, Michelangelo, high speed limitsÂ…. Wait. About those speed limits. In Bologna, a town with enormous character and exceptional cuisine, the city fathers only last month imposed a speed limit in the town of 30 kilometers per hour — about 20 mph — to make it safer and “more livable.” Critics of the measure are not contento. According to a recent story in The New York Times, drivers there argue that Bologna is “slowing to a standstill since it became the first major Italian city” to join a growing group of European municipalities that in the past few years have adjusted speed limits downward by half. The new rules, in place in Paris, Brussels, Copenhagen and cities across Spain, mark an effort to cut pollution, reduce energy use, and disincentivize car use. As reported by the Times, BolognaÂ’s mayor, Matteo Lepore, included the new speed limit among the campaign promises that helped to get him elected in 2021. Referring to the lower limit, he said, “Driving at 30 is part of a vision of a more democratic and more sustainable use of public space,” where neighborhoods put children and older people first, and investments favor bike paths and public transportation to work toward carbon neutrality. Adding fuel to the smolder, Bologna is the capital of a region that is home to Ferrari, Lamborghini and Pagani. The action in Italy has spurred protests, and petitions from some commuters that their daily travels to and from the city have grown substantially longer. And recently, the Times reported, a gathering attracted dozens of cranky citizens and cabbies to the streets, where they drove at a snailÂ’s pace in a makeshift parade, loudly honking horns and snarling traffic. The new speed limit “is impossible” to drive at, said Giorgio Gorza, who heads a citizenÂ’s group. “ItÂ’s like standing still, and no one takes a car if youÂ’re going to stay still, if it takes longer than walking. ItÂ’s illogical.” In 2021, according to the story, Olbia, in Sardinia, became the first Italian city to set a broad limit of 30 klicks an hour.

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.