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Eterniti Motors opens London shop

Eterniti Motors officially opened its doors in London on Monday. The 10,000-square foot building in Park Royal not only hosted the opening-day party, but also displayed the company’s first production model, the Eterniti Artemis SUV. We saw the Artemis back in 2011 at the Frankfurt auto show.

Here's the former Ukrainian president's car collection

Just a couple days ago, the world media and some bewildered journalists got a glimpse of now-departed Ukrainian president Viktor Yanukovych's villa on the Dnieper river, called Mezhyhirya. The sprawling and not-particularly-tasteful residence rests on a 345-acre lot of real estate (a little over half the size of Monaco) and features a golf course, a zoo, and an artificial lake with a ship resembling something out of Disney's "Pirates of the Caribbean" theme park ride. And it also boasts an impressive collection of about 70 cars and motorcycles.

McLaren reportedly at work on its next big thing

While we're getting ready for the soon-to-be-released McLaren MP4-12C, the British sports-car maker is at work on its next project. McLaren is aiming for a 2014 launch for a sports car that is larger than the MP4-12C, according to the Web site of the U.K.'s Autocar magazine. The magazine says McLaren is working with engineering firm Ricardo to develop a 5.0-liter engine that cranks out nearly 800 hp.