Fiat Chrysler Automobiles made the shock announcement yesterday that it will be spinning off Ferrari into a separate unit and selling some shares in the storied Italian marque. It turns out the move actually makes a lot of sense for FCA, which is vying to become one of the world’s top automakers.
Porsche has revealed a special edition Panamera that it plans to introduce at the L.A. Auto Show. The special edition is based on the range-topping Panamera Turbo S Executive and just 100 examples will be made.
You’ll find all of this and more in today’s car news right here at Motor Authority.
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