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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

State Farm releases Driver Feedback app

Accelerometers aren't just for the autocross geeks who want to see whether they threw more than 1.0 lateral g's on their last apex. These gadgets have made their way to the iPhone. State Farm is releasing its Driver Feedback app, which uses the iPhone's high-tech guts (accelerometer, gyroscope and digital compass) to measure driving habits such as smoothness or aggressiveness during acceleration, frequency and abruptness of braking and how hard you take corners (ahem, BMW owners).

Alfa Romeo plans 'affordable' halo car

Alfa Romeo plans to build a rear-engine, rear-wheel-drive coupe that would become the brand's halo car. Fiat's struggling sporty brand aims to complete a concept car for the innovative lightweight coupe for a planned Geneva auto show debut next month. The concept is set to be built as the 4C GTA and go on sale for about $55,000 (40,000 euros).