New Ferrari CEO, 2016 BMW X5 xDrive40e, 2018 Mercedes-Benz pickup: Today’s Car News

Ferrari [NYSE:RACE] has a new CEO in the form of Sergio Marchionne. He’s faced with the challenge of growing revenues while maintaining exclusivity of the brand. BMW’s X5 receives a plug-in hybrid option for the 2016 model year. The vehicle has an electric range of 14 miles though for things to feel normal behind the wheel you’ll...

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