Ferrari to slash sports cars' carbon emissions: president

0 Comments | AFP, July, 2008

BERLIN (AFP) — Sports car manufacturer Ferrari intends to cut its vehicles' greenhouse gas emissions by nearly half and is working on developing hybrid vehicles, the company president said Saturday.

"We want to reduce our CO2 emissions by 40 percent between now and 2012," said Luca Cordero di Montezemolo told the German newspaper Welt am Sonntag, in an interview to be published Sunday.

But he insisted that any future hybrid Ferrari would still be "fundamentally a Ferrari."

"We are currently working on the development of a Ferrari that will use alternative energy sources and which will be based on what we are doing at the moment in Formula 1," he said, referring to Ferrari's Kinetic Energy Recycling System (KERS), which is designed to draw extra power from...