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New Smart ForTwo and ForFour set for 2014 unveil

Mercedes-Benz's struggling Smart city car division is seeking to add a new dimension to the urban driving experience with its third-generation ForTwo, currently undergoing the final phase of a three-year test and development program ahead of a planned unveiling mid next year. Set for North American launch in 2015, the ultra-compact two-seat hatchback represents a fresh chapter in operations for Smart, which has recently gained greater independence from parent company Mercedes-Benz as its boss, Annette Winkler, attempts to stem years of financial losses after almost a decade of rebuilding following its short-lived joint venture with Mitsubishi. The new ForTwo, known internally as project C453, has been developed in a joint engineering program with the upcoming second-generation ForFour and its sister car, the third-generation Renault Twingo.

Jaguar F-Type R: Coupe or Roadster?

With the new Jaguar F-Type arriving in showrooms in spring 2013, will the follow-on performance F-Type R be a coupe or Roadster? But it’s clear that the new V8 F-Type S isn’t going to be the pinnacle of the F-Type range – far from it. With Jaguar seeking to hang the whole brand identity on their first real roadster since the E-Type, a range-topping variant in the guise of an F-Type R is a certainty.

Ferrari Superamerica 45: One-off 599 created for wealthy American customer

Ferrari has revealed a one-off version of the 599 commissioned by New York-based art collector and property developer Peter Kalikow. Called the Superamerica 45, the new open-top car was created to commemorate the 45th anniversary of Kalikow's first Ferrari purchase, a secondhand 400 Superamerica convertible. It will go on public display for the first time at this weekend's Concorso d'Eleganza Villa D'Este on the shores of Lake Como in Italy.