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Ferrari-Maserati dealer folds in Las Vegas casino

The ten-year-old Penske Ferrari Maserati dealership located inside the Wynn resort in Las Vegas, where non-Ferrari owners had to pay $10 to walk among the cars, is closed. Word is that the Ferrari franchise is moving to Towbin Motorcars, which you'll know for being the home of the former "King of Cars," and more recently where Floyd "Money" Mayweather has bought 100 cars, including three Bugatti Veyrons. According to Ferrari Chat almost the entire Penske-Wynn staff will make the move, including the highly regarded service department. This being Las Vegas there are, naturally, various theories about why the only Ferrari franchise in the state of Nevada is leaving one of the state's marquee locations. We got a tip a month ago from reader Johnny Autos that Ferrari pulled the franchise, and if there is any truth to that, rumors at Ferrari Chat suggest it part of the reason could have been Steve Wynn flipping his LaFerrari before the 18-month no-sale period had elapsed. Wynn supposedly sold his $1.5 million supercar to Naples Motorsports in Florida for $3.5 million, Naples is asking $5 million for it and using it for the elementary school run in the meantime. On the other hand, Vegas Tripping says Wynn is letting the dealership go in order to get ready for the Alon – another casino – to open across the street in three years. That story believes Wynn will build a pedestrian bridge and rearrange shops on the Wynn side so that customers enjoy the kind of grand entry he would want. And then there's the theory that Penske is getting out of the Ferrari dealership business to focus on commercial trucks. No matter where the truth is in all of this, what matters to you is that you won't be able to spend $10 to check out Ferraris on the strip anymore. Which means more money for the penny slots.

Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

Maserati Ghibli GranLusso gets semi-autonomous tech and updated styling

Maserati's littlest sedan is getting a little bit of a makeover in the form a new GranLusso trim for the Ghibli. It will make its official debut at the Chengdu auto show in China, and it mostly consists of aesthetic updates. Up front, the GranLusso gets a grille that has chrome vertical bars in addition to the surround. They also appear thicker and more aggressive. The lower grille has been reshaped, with the outboard openings sweeping up and out, creating more of a smile shape. The headlights are less busy, with a very narrow LED accent strip, and square-shaped projectors. Along the side, the GranLusso gets some badges to tell everyone you got the newest fanciest Ghibli. At the back, the rear bumper has been ever so slightly reshaped at the base. Maserati claims the changes make the car more aerodynamically efficient, but don't give specifics, and frankly we can't imagine the improvement nearly enough to make any real difference to the way the car drives or performs. Styling tweaks aren't the only addition to the GranLusso though. The car will feature some type of semi-autonomous or autonomous driving technology. Again, no specific details were given. We reached out to Maserati for an explanation, and they wouldn't elaborate, saying that there should be more info when it makes its debut at the Chengdu show. No release window or pricing were given either. Related Video: