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Pagani, Mercedes-AMG say V12s are separate

Italian sports-car maker Pagani and Mercedes-AMG, the high-performance division of Mercedes-Benz, on Thursday said that the engine for the future Pagani C9 supercar is not the same engine used in the Mercedes-Benz SL65 AMG Black Series roadster. The unusual announcement--automakers typically don't comment on future-product programs--refutes reports about the Pagani C9's engine. In January, Road and Track magazine reported that the V12 for the C9 was derived from the V12 in the SL65 Black Series.

Ferrari says North American sales up 20 percent in 2010

Ferrari says its sales in North America in 2010 set a record. The Italian automaker sold more than 1,750 cars in the U.S. and Canadian markets.

Lexus LS TMG Edition uncovered

Lexus LS TMG Edition We’re starting to think that Lexus has finally woken up to the fact that having some properly good performance cars in their range is a good idea. And the latest indication of that new direction is the very warm super saloon that is the Lexus LS TMG Edition, spotted lurking in a garage near the Nurburgring in between runs round the ‘Ring. The LS TMG Edition apparently sports a 5.0 litre V8 with 641bhp and 524lb/ft of torque, which will be enough to hit a 4.0 second 0-60mph and a top speed of around 200mph.