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Weekly Recap: Ferrari plans to gradually increase production by 2019

Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche, BMW, and Mercedes. But as it transitions to a new era of independence from Fiat Chrysler, Ferrari is going to get a little less exclusive. It's by design, and it means a subtle, slow ramp-up of production – a move Ferrari believes will ensure its future by meeting growing demand in new markets. The strategy was detailed in SEC documents filed this month as part of the company's pending stock offering. The files reveal Ferrari will gradually increase shipments to about 9,000 units per year by 2019. This is a reversal of Ferrari's 2013 plans to cap production at 7,000 cars annually, which it hit on the nose that year. Ferrari shipments inched up to 7,255 in 2014, though that's down from 2012's record tally of 7,405. Ferrari is a vastly different operation than it was in 2013. Longtime chairman Luca di Montezemolo stepped down last fall, and FCA chief executive Sergio Marchionne has been overseeing the company since then. Its IPO has attracted high levels of attention from enthusiasts and investors. As expected, demand has reportedly outstripped the availability of the stock, which has an estimated offering price of $48 to $52 a share. Speaking of more Ferraris, the company revealed a limited-edition model this week called the F12tdf (shown above). Based on the F12 Berlinetta, the car is a salute to the Tour de France endurance auto race that Ferrari dominated in the 1950s and '60s. The V12 engine's output increases to 769 horsepower, while weight is cut by 243 pounds – allowing for a sprint to 60 mph in 2.9 seconds. Dramatic carbon-fiber elements and a radical redesign of the body panels give the F12 a more dramatic look. It will be limited to 799 units over the life of the car. If this is how Ferrari is increasing production, we're more than okay with the company's new strategy. OTHER NEWS & NOTES Tesla software unlocks Autopilot features Tesla released the latest version of its software for the Model S this week, which allows the all-electric sedan to drive in a semi-autonomous state called Autopilot. Tesla Version 7.0 enables the Model S to maintain lane position, change lanes by touching the turn signal, and manage the car's speed using an advanced, traffic-sensing cruise control. It also has a parallel parking feature, which searches for open spots and then parks your Tesla.

Tesla D is, as expected, an AWD Model S but new autopilot features surprise [w/video]

To say that the Internet was excited about the mysterious Tesla D before tonight's official announcements were made is a terrible understatement. Amid a bunch of excited tweets and frustrating attempts at getting a livestream from the event, USA Today published the first story that described some of the new D's features. Automotive News followed suit, but both of those articles were quickly taken down. On site at the Hawthorne airport in Los Angeles, CA, our friend Zan Dubin-Scott tweeted about an overheard comment before Musk took the stage, "What he's about to say - you need to feel, not just hear about." The 'he' here is Tesla CEO Elon Musk. Yeah, people were ready for something big. But the news didn't quite live up to the hype. How could it, really? People wanted to see the first glimpse of the Model 3 or even the production Model X, but all they got were improvements to the current Model S. Thankfully, these are interesting improvements. Here's what Elon's D is all about: The new all-wheel drive Model S – the "D" – will get 10 more miles of range to a max of 275 miles thanks to increased overall efficiencies in the powertrain that Musk called, "a huge improvement." All Model S EVs that have AWD will be designated with a "D," so the P85 "performance" model will become the P85D when it has AWD, for example. The D models will also have a higher top speed and a decreased 0-60 time of just 3.2 seconds. "Literally everything improves about the car with dual-motor," Musk said. The "something else" is the "A," which is the other letter that Musk said he was glad he didn't tease when he said he would "reveal the D." The A is a suite of Tesla autopilot autonomous driving technologies and it's been in production for the last two weeks (no kidding). The new technological bits include a long-range forward-looking radar, a camera with image recognition that can read things like signs and know where pedestrians are, and a 360-degree, long-range sonar. This will all be integrated into the GPS, navigation and real-time traffic, which means that the car is now capable of being semi-autonomous. But Musk said that there are not enough safety redundancies built in to the vehicle quite yet, so it's really just a tremendously advanced active safety system. Unfortunately, the new bits cannot be retrofitted into earlier Model S vehicles.

Weekly Recap: Volvo buys Polestar, makes performance a priority

Volvo is taking its performance business in-house, and the Swedish carmaker announced Tuesday that it bought tuning company Polestar, which has long been known for producing sporty Volvos. The move allows Volvo to ramp up its performance business, and it plans to increase Polestar-branded vehicle sales to 1,000 to 1,500 annually, up from the 750 total projected for this year. The companies have been working together on motorsports projects since 1996. Financial terms of the sale were not released, and Polestar workers will move over to Volvo. Former Polestar owner Christian Dahl will keep control of the Polestar racing team and operate it under a new name. In addition to sales volume, Volvo has ambitious plans for other parts of Polestar, including its aftermarket business. Volvo also said it will use its twin-engine hybrid technology for Polestar models in the future, though specifics and timing were not revealed. Meanwhile, Volvo announced it will offer a run of 265 total Polestars in the United States for the 2016 model year, with S60 and V60s available. "Driving a Volvo Polestar is a special experience. We have decided to bring this experience to more Volvo drivers, placing the full resources of Volvo behind the development of Polestar as the model name for our high performance cars," Volvo CEO Hakan Samuelsson said in a statement. OTHER NEWS & NOTES 2016 Chevy Silverado, GMC Sierra, get nose jobs Automakers tend to refer to light updates as 'facelifts,' and that's exactly what Chevy gave the 2016 Silverado and GMC Sierra. Chevy slightly changed the front end of the truck. Using the one photo released of the new Z71 model as a guide, we can see that the headlights went from a stacked vertical design to single bulbs, and they are set on top of LED running lights. The grille has more body-colored elements instead of shiny metal, and the hood has a new line running down the middle (look really closely). The design theme will be similar across the portfolio, though materials and details will vary, a spokesman said. Some models, like the High Country and LTZ will have more chrome, and the LEDs are only for the upper trims. Chevy also said it will use the eight-speed automatic transmission on more versions of the Silverado, and it updated the MyLink feature to support Android Auto and Apple CarPlay.