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Mercedes-Benz SLS prepped to go GT3 racing

Mercedes-Benz AMG pulled the wraps off its new race car on Monday in Oaxaca, Mexico, scene of a commemoration of Mercedes' victory in the 1952 Carrera Panamericana. The new SLS GT3 is a modified Mercedes-Benz SLS intended to meet FIA homologation requirements for the GT3 class in series throughout the world. While it's not known what the production car will look like when it starts going to customers either this fall--according to the press release--or "before the start of the 2011 racing season," according to AMG's Thomas Rappel, the prototype shown in Oaxaca had a full roll cage, a new front skirt with splitter, rear diffusers and an enormous rear wing.

Ariel Atom 500 will come to U.S., packs 500-hp V8

This is the car in which strapping yourself in tight is mandatory. British boutique automaker Ariel Motor Co. is on the verge of rolling out the Atom 500, the latest version of its ultralight, two-seat street and track car, this one fitted with a 500-hp narrow-angle V8.

Chrysler Shakes Up Design Leadership

A recent shuffle of Chrysler Group's design team could be just what the company needs to effect a quick turnaround after bankruptcy, industry analysts say. The automaker has promoted three men from within to head design for its Chrysler, Dodge and Jeep brands. These freshly created positions - part of a broader restructuring effort - will report to Ralph Gilles, senior vice president of product design.