"Ferrari To Launch Its First Hybrid Car -- a Snip at £527,000+"

"From horsepower to battery power, Ferrari is joining the growing ranks of green carmakers by launching its first ever hybrid vehicle at the end of the year."

"The Italian firm, one of the most elite names in motoring, indicated that one of its glitziest products, the Enzo, will be released in a hybrid version. ...

According to reports on Monday, the price will probably exceed the €660,000 ($840,000) cost of the Enzo and will be the carmaker's most powerful model -- combining two electric motors with a 12-cylinder gas engine, allowing for a 40% cut in fuel use."
Dan Milmo reports for the Guardian May 15, 2012.

Source: Guardian, 05/16/2012