With all the mergers – or would-be mergers – floating around out there, Fiat Chrysler is going in the opposite direction: spinning off its Ferrari division and dropping talks of a hostile takeover of rival General Motors. [More]
While 11 automakers have already recalled millions of vehicles equipped with potentially deadly Takata-produced airbags, a twelfth car manufacturer announced it would also recall thousands of cars with safety devices supplied by the Japanese auto parts maker, although for a different, but still dangerous, reason. [More]
As we’ve reported previously, car manufacturers are required to report death and injury claims to the National Highway Traffic Safety Administration so that the agency can identify potentially fatal and dangerous defects. Failing to submit those reports not only endangers drivers, it can cost a pretty penny for auto makers. Just ask Ferrari, the high-end carmaker must pay a $3.5 million penalty for its inaction. [More]
The Ferrari 458 Italia is a hot car. Too hot. So hot that at least 5 of them have burst into flames because of a design flaw, leading the Italian luxury car maker to recall more than 1,200 Italias, each worth around $230,000.
Jason obviously didn’t read the warning label on the bottom of the “Freedom Laptop Table ii” informing him the device also doubled as a trebuchet. Too bad for his week-old high-end Acer Ferrari laptop.
You may remember Gizmondo founder Stefan ‘Fat Stefan’ Eriksson. He’s the guy who crashed a $1 million Ferrari, claimed a mysterious German man named Dietrich was the driver, identified himself to the police as a Deputy Commissioner for the counter-terrorism unit of a handicapped bussing service and apparently had a group of employees identify themselves as Homeland Security at the scene of the crime and tamper with evidence. There’ve been many other wrinkles, but who can keep up? ‘Fat Stefan’ is a highly entertain lunatic.
Here at the Consumerist, we just love crazy corporate executives. Young, old, it doesn’t matter… in the dark. So the gelatin circumference of our belly has been quivering in fond mirth over the recent adventures of Gizmondo (not to be confused with our pocket-protector sister site, Gizmodo) founder Stefan Eriksson, who resigned from the company the night before its American launch after Scandinavian reporters discovered he was a convicted counterfeiter.