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Chrysler moves design boss Ralph Gilles to lead new SRT brand

Chrysler Group on Tuesday shuffled the heads of its vehicle brands, placing design chief Ralph Gilles in charge of the newly created Street and Racing Technology (SRT) brand while handing his duties as head of the Dodge brand to Reid Bigland. The move is a way of getting all of the automaker's SRT efforts together under one leader, spokeswoman Shawn Morgan said. Gilles, 41, will still be in charge of Chrysler's motorsports activities and the design for Chrysler, Dodge, Ram and Jeep vehicles.

New Citroen DS3 Cabrio costs from £15,045

Citroen has revealed the new DS3 Cabrio will cost from £15,045 and come in three trim specs - DSign, DStyle & DSport. The Citroen DS3 is already one of our favourite cars, and Citroen has made sure the DS3 Cabrio still looks good with the roof up – and kept costs in check – by using a similar ‘landaulette’ style roof to the Fiat 500C, where the cabrio but is more like a long, canvas sunroof that site on the boot when open. The new DS3 Cabrio will come in Citroen’s main DS3 trim levels - DSign, DStyle & DSport – with the DS3 VTi 82 Cabrio DSign costing £15.045, the DStyle VTi 120 Cabrio £17,425 and the DSport THP 155 Cabrio £19,675.

Hennessey Venom GT2 to bring 1,500 hp

Hennessey The Hennessey Venom GT2 will debut in late 2013 from Texas tuner Hennessey Performance Engineering. The already-bonkers Corvette-powered Lotus will now house a twin-turbocharged 7.0-liter V8 making an unthinkable 1,500 hp. Hennessey didn't reveal the weight but says that the Venom GT2 has more than one horse per 2.2 pounds (1 hp/kg).