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Jaguar XJ, Porsche Panemera will be at Pebble Beach concurs as next gen model

The all-new Jaguar XJ will make its U.S. debut Aug. 12 at the 2009 Pebble Beach Conours d'Elegance, according to sources at Jaguar.

1,088-hp electric Concept One nears production

We haven't heard much about the Rimac Concept One lately, but that could be about to change. The Croatian-born electric supercar is back in the news this week after its parent company landed an $11-million investment. The Concept One is the brainchild of 26-year-old CEO Mate Rimac, who claims he didn't want to build the best electric car in the world.

GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.