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Check out this video for a feeling of what it's like being in the $4 million Ferrari P4/5 by Pininfarina, the personal project of collector James Glickenhaus. For more details on the car, check out our previous post here. ________________________________ See more videos on our YouTube sites: The...

Ford, like GM can no longer afford to keep loosing money from its subsidiaries. After a recent second-quarter loss of $123 million, Ford has called in the bean-counters to slash and burn away unprofitable assets. Leading the charge is former Goldman Sachs man Kenneth Leet, who will start at one of...

Looks like there’s no end to the list of changes that’s occurring in the world of Formula One. If motorsport boss Max Mosley had his way, engine manufacturers would be focusing on increasing fuel efficiency rather than going for out-right power. F1 has always been a leader in developing...

Group Lotus, with the help of its parent company Proton Holdings, plans to implement some massive changes to fully utilize the synergies between the two companies. Proton plans to introduce a new division to be staffed by people from both companies in attempt to turnaround the financial status of...

We will soon be able to drive cars that will know if we’ve had a rough day or a car that can tell if we’re about to fall asleep behind the wheel. That’s the premise of a new technology being developed by scientist Peter Robinson at the University of Cambridge. Though the idea...

Chrysler has confirmed that the Dodge Challenger that hits the roads in 2008 will be almost exactly like the concept car unveiled at the 2006 Detroit Auto Show in January this year. According to Tom Tremont, Chrysler's vice president and top designer, "You're not going to be able to tell the...

Final output for the 2007 Infiniti G35 sedan has been confirmed at 306 hp (228kW) from the next generation of the VQ-series 3.5-litre V6. This is a significant leap over the previous model’s more modest 280hp, which should make for an extremely spirited drive in the new luxury sedan. With...

Who would have thought a car developed for racing would be able to achieve a fuel efficiency of 131 miles per gallon? A slightly modified version of the Caterham Seven Roadsport, a lightweight sports car based on an original Lotus design, achieved this astonishing result at a recent Eco-car event...

Audi’s entrance in to the burgeoning supercar market is the R8, a two-seater coupe with a V-10 engine and a 0-62 mph time of around 4 seconds. It’ll be built by Audi subsidiary Quattro and will go on sale next year for upwards of $200,000. The R8 is based heavily on the Le Mans quattro...

It was only a matter of time until the foreign automakers were going to overtake the Big Three in the US auto sales race. According to statistics compiled by R.L. Polk and Co., foreign car companies made up 52.9 percent of car sales versus 47.1 percent for the domestics in the first five months of...

Not only is Alfa Romeo bringing in its svelte looking 159 saloon to the United States but in the latest news, the Italian automaker will kick off its return with the introduction of the limited-edition 8C Competizione. Though the Italian brand won’t sell any cars in the U.S. in volume until...

Nanjing Automobile Corporation, the Chinese automaker that own the rights to the MG brand, has plans to manufacture the MG TF sports car and the larger ZT to be launched in 2008. With the aid of Group Lotus, Nanjing will modernise the MG range of cars and engines. The new cars will be available...

Nissan today announced it reached a new milestone in June with the production of its 100 millionth vehicle. Since its establishment in 1933, Nissan has produced about 76,640,000 vehicles in Japan and about 23,500,000 vehicles in other countries. At the end of June, Nissan’s total global...

C’mon, admit it, you’ve all done it at least once. Apparently one in five British drivers admit to checking themselves out in shop windows as they drive by, according to a study conducted by Peugeot in Britain. Further, it seems one in four British motorists (26%) dream of being seen in...

With the previous announcement of the Tesla supercar and now the more pedestrian, Nice Mega-City, the wave of full-electric cars is truly upon us. Top speed of the Mega-City is only 65 km/h (40 mph), thus the car will remain a strict city-only runabout, that and the fact that its range is only...

Finally an Aston Martin that's significantly different from every other new Aston. This one may look like the others, but hold on, it has four doors. Though still a concept, the Rapide has been trotted out enough to make us believe that it’s coming, and soon. Considering that Porsche is...

Ever wondered how fast a Formula One car could go? Honda, with Alan van der Merwe at the wheel, has now claimed the world record for the “fastest straight line speed” for an F1 car, by posting a measured speed of 220 mph over two runs in opposite directions at the Bonneville Salt Flats...

If you thought there were already too many AMG models to allow the brand to remain exclusive, then news of the creation of a new performance studio from the German tuner can only dilute the brand further. AMG will have three levels of product, a top-end Signature Series, mid-tier Black Series and...

Aston Martin has always made some pretty swank cars, styled to perfection with some of the plushest interiors this side of a Roles Royce. Unfortunately, reliability and robustness were never an AM strong point. Introduction of the new Vantage marked a change for the Brit automaker; this was to be...

What’s worse than seeing a smashed 5-Series? The Murcielago that hit it. There seems to be no end to the number of wrecked exotics that are cropping up in the middle-east. All we can say is “that’s gotta hurt…” More images after the jump.