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Ferrari has introduced its challenger for the 2015 F1 world championship, showing off an open-wheel racer with a far more attractive nose than last year's car.

Fiat Chrysler Automobiles, Honda and Toyota will recall 2.1 million vehicles built in the early 2000s for airbags that could deploy unexpectedly. These vehicles had previously been recalled, but the National Highway Traffic Safety Administration has found that they are still defective.

We curate the week's events with a focus on supercar maker Lamborghini. Plus, other news and notes from the around the automotive world.

Australia Day, the country's national holiday, is the perfect time to celebrate two of the country's less traditional V8 muscle machines. Watch as a Holden Commodore SS V Redline Sportwagon and Ute SS smoke their tires to race around a skid pad and haul a barbecue set.

Meet the Radical RXC Spyder. It's like the RXC coupe, only more visceral - or like the Nürburgring record-holding SR8 LM, but even more so. And it's just concluded an intensive week-long shakedown at the Ascari Race Resort in Spain.

We drive the 2016 Mazda MX-5 Miata, GM won't extend the deadline for filing ignition-switch claims and the Tesla Model X is spied on video. All that and more, in today's daily recap.

Akio Toyoda announces that Toyota will return to the World Rally Championship in 2017 with a Yaris prepped by Toyota Motorsport. It will be a new start for the rally legend manufacturer after an 18-year absence.

This highly customized 1969 Ford F-100 completely rejects originality in favor of making big power. Under the hood is a highly tuned LSA supercharged V8 pumping out a claimed 800 horsepower, and to make all that muscle more usable, it's running disc brakes and independent suspension at all four corners.

US gas prices may rise by mid-February as petroleum makers prepare to switch over to the cleaner summer blend of fuel.

Honda is setting aside about $425 million to pay for Takata airbag inflator recall-related costs. The change drops the company's profit forecast to about $6.1 billion for the fiscal year. Also, there's a possibility that another death might be linked to the faulty parts.

Elon Musk was a success well before Tesla. He celebrated some of that early triumph by buying a McLaren F1, and cameras were there to watch as the iconic supercar was delivered.

General Motors is launching new entry-level trims for four of its popular models that slash prices by removing some content but mostly seriously cut into dealer margins. The changes let the brands advertise segment-leading prices to attract potential buyers into showrooms.

Fancy a new Jeep Renegade? You'll need to get over to the newly launched online configurator and mess about before heading to the dealer.

Ryan Tuerk rings up a 40-second burnout in a Spyker C8 Aileron. Spyker recently went bankrupt, but has defied the odds and announced plans for a comeback, yet again. We've got our doubts about its prospects, but either way, we suspect this will be the first and last chance to see a Spyker hoon.

We get our first taste of the 2016 Mazda MX-5 Miata in a pre-production, Japanese-spec model. Senior Editor Steven Ewing puts the new Miata through its paces along the gorgeous backroads of Spain.

The first commercial for the 2016 Chevy Volt is here and you should watch it... especially if you're suffering from insomnia.

NHTSA has put out a notice looking for potential whistleblowers at Takata, asking anyone with "knowledge of possible defects or any wrongdoing," to step forward.

The Model X all-electric CUV is spotted testing in Alameda, California. The video wasn't taken up close, but it's still fun to watch and hear the tires squeal.

The new Hagerty Market Rating tool measures the overall strength of the classic car market, providing a wide view that counterbalances the headlines from frenzied auction sales. Using 15 data points from eight categories, including sales between private owners, it generates a single number from 0 to 100 to gauge the state of the market.

GM has thumbed its nose at a pair of US senators today, refusing a request to extend the filing deadline for ignition-switch compensation claims a second time.

Mercedes-AMG partners with Cigarette Racing for a fifth time on a boat to tie in with the AMG GT. We don't have any details yet beyond the rendering, but come February 12 at the Miami Boat Show, you can expect another high-horsepower water-borne rocket to wear AMG branding.

For the next episode of Motor Trend's Head 2 Head, the 580-horsepower Chevrolet Camaro ZL1 takes on the 707-horsepower Dodge Challenger SRT Hellcat. In spite of the power differential it's a close fight on performance, but one of them takes the feel-good factor way beyond its engine numbers.