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Video: Hennessey Venom GT now unofficial fastest production car

The Hennessey Venom GT hit its top speed of 270.49 mph last week at the Kennedy Space Center, edging out the Bugatti Veyron Super Sport's previous 269.86 mph record. Hennessey and Bugatti have been battling for the top spot of "fastest production car in the world," and this time America came out on top. Hennessey attempted a record run in 2013, reaching a top speed of 265.7 mph before running out of room on the 2.9-mile-long runway at the Naval Air Station in California.

New Mercedes B Class to spawn 7 Seat version

It looks like Mercedes are going to stretch the appeal of the new B Class by adding a new 7 seat option. Mercedes foray in to small hatchbacks has not exactly been an unmitigated success. The last generation A and B class were really just two sizes of the same car, neither of which had much driver appeal and were bought as runarounds by Mercedes buyers who wanted a car for ‘er indoors.

Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.