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2010 Jaguar XJ Neiman Marcus special edition sells out all 50 copies

It took all of four hours and four minutes for a special Neiman Marcus edition of the redesigned 2010 Jaguar XJ to sell out through the retail giant's Christmas book on Friday. Just 50 copies of the big cat, called the XJL Supercharged Neiman Marcus edition, will be produced. And they're all spoken for after brisk sales reservations last week.

Subaru SHARC wins LA Design Challenge [w/video]

Subaru's SHARC (Subaru Highway Automated Response Concept) has been named the winner of the 2012 LA Design Challenge. The judges chose the futuristic drone as the best embodiment of the 'Highway Patrol Vehicle 2025' with the judges declaring that the studio captured "the vision of Design Challenge theme by combining functionality and problem-solving technology around a dynamic and plausible story" from a choice of designs from six other automotive design studios. Studios from BMW DesignWorksUSA, General Motors, Honda North America, Honda Japan, Mercedes-Benz submitted concepts that would create a highway patrol vehicle for 2025 that tackled the ‘protect and serve' aspect while considering emissions, population growth and transportation infrastructure.

Honda Fit arrives in US showrooms next summer

Honda Motor Co. president Takanobu Ito says the redesigned Fit, due in U.S. showrooms next summer, is the company's “most important” car.