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Bidding for the Jaguar and Land Rover labels has failed to ignite the level of excitement and the flurry of rival bids that surrounded the sale of Aston Martin earlier this year. Leading the charge in the latest Premier Auto Group sale is private equity firms Cerberus, Ripplewood and One Equity...

The new Peugeot 308 was only launched this month but there are already rumors of an SUV model currently being developed to be based on the same platform as the popular hatch. The new SUV would be positioned below the recently revealed 4007 crossover, which itself shares its architecture with a...

Ford CEO Alan Mulally predicts that plug-in hybrids could be in showrooms in five to 10 years. Mulally made the comments during the announcement of a joint-effort between Ford and energy utility Southern California Edison to test twenty electric prototypes. This is the first time that any timeline...

Mitsubishi is hard at work putting the final touches on the new Lancer Evo and has now released details about two handling and transmission technologies that should give the car a leg up over its rivals. First up, we have the Super All Wheel Control (S-AWC) system that uses a number of sensors...

The Cadillac SRX has been officially revealed. Click here to view the story. Cadillac’s SRX is expected to come in for an update by 2011, by which time an all-new BMW X3-sized crossover may also see the light of day. Designed primarily for European markets, the new crossover will be based on...

Porsche shareholders approved plans recently for the creation of a new holding company that would combine Volkswagen and truck manufacturers MAN and Scania to form a global powerhouse to rival industry leader Toyota. Porsche under the guidance of CEO Wendelin Wiedeking will be in charge of the new...

Update: Honda admits meeting the pair behind the allegations. Click ahead to find out more. A third team is being dragged into the Ferrari-McLaren espionage affair - Honda. The German specialist publication Auto Motor und Sport now reports that, in addition to McLaren, disgruntled Ferrari veteran...

We reported previously about Lexus developing a new dedicated hybrid model positioned between its IS and GS models and now its UK Chief Steve Settle has revealed more details about the upcoming car. Speaking with BusinessCar, Settle explained that the new car, which is planned for 2010, will be a...

Pagani has confirmed that its 750 horsepower Zonda R track car will be put into production with a mere 10 examples only expected to see the light of day. Six deposits have already been placed for the 1.2 million euro Ferrari FXX rival and the first deliveries should start in March of next year...

Volvo tuning specialist Erst based in Osaka, Japan, has released a subtle performance pack for the Volvo XC90 SUV. Japan’s enthusiast market is so fond of Volvo that in fact, several tuning companies in the country specifically work on Volvo cars. Erst is one such company, a specialist in the...

Radical has launched the updated version of its SR8 track car, now with a more powerful Powertec V8 motor and an all-new Powertec transaxle. Claimed to be the fastest prototype on the club racing scene, the new SR8LM is powered by a 2.8L, 455bhp Powertec RPB motor based on Suzuki’s 1.3L GSXR...

Update: Mercedes has denied they have had talks with BMW but say there is still hope for such a deal. BMW is currently in negotiations with Mercedes-Benz over a possible deal to build a new subcompact car based on the same platform used for BMW’s Mini. The two carmakers are expected to make a...

Mazda’s new MPS (Mazdaspeed) range offer performance levels comparable with much more expensive cars and has quickly become the bang for your buck standard in many segments. Now the range is set to expand with the latest addition to be based on the recently launched Mazda2 hatch. The car is...

There's no doubt that Toyota’s Prius is the top selling hybrid car in the world. It's already sold more than half a million units, while competitors have struggled and sometimes failed with their own hybrid models. New evidence suggests the reason for the high sales aren't only due to the...

GM Holden has announced today that the first Pontiac G8 engineering prototypes have been completed at the carmaker’s production site in the Australian state of Victoria, where they’ll undergo testing ahead of the G8’s US market debut early next year. The first production versions...

The first official shots of Mercedes' new high-performance C63 AMG sedan have been released showcasing Stuttgart's new sledgehammer that's set to compete with the upcoming BMW M3 and Audi's RS 4. Sporting the familiar hand-built 6.2-liter AMG V-8 engine, the C63 churns out 457 horsepower, down on...

Germany’s Kelleners Sport has launched a new tuning kit for the BMW 3-series sedan, with most of the upgrades designed specifically for the 330i. A specialist in tuning BMW’s since 1983, Kelleners engineers with the help of racing driver Ralf Kelleners have created a series of...

An updated version of the Chrysler Crossfire will return next year despite previous claims that the car’s brief five year run was coming to an end. The 2008 model will receive only minor updates including a tire pressure monitoring system, with the first cars expected to roll off the...

The UK man who crashed his brother’s Bugatti Veyron back in March will have his license endorsed with nine penalty points, three points away from being totally suspended. He will also receive a £400 fine but we suspect the trashing he would have received from his older brother would have...

GM has announced that it will reveal a new Opel concept car powered by its E-Flex propulsion system at September’s Frankfurt Auto Show. The E-Flex design features an electric motor that provides drive to the wheels, and runs on batteries charged by a secondary powerplant or even a household...