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Ford Motor Co. has settled a lawsuit in which it accused Italian automaker Ferrari of infringing its trademark for the popular F-150 truck.
Ford dropped the case Thursday, according to a filing with the U.S. district court in Detroit. Terms were unclear from the filing. Get the full story »
Fiat President Luca di Montezemolo introduces the Ferrari 458 Italia in Frankfurt in 2009. (AP file)
Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
A Ferrari spokesperson told CNNMoney.com has that the supercar is being recalled to modify the wheelhouse assembly.
“In rare instances the heat shield could become deformed, bringing it too close to the exhaust system and igniting,” a Ferrari spokesperson said.
