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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.

Toyota updates the Verso MPV

Toyota will show the all new Verso at Geneva '09 The Verso is an all new version of the MPV, offering Toyota’s Easy Flat-7 seating configuration, which basically allows owners to lower all the back five seats individually to accommodate whatever configuration they need for load/passenger requirements. The Verso is stretched over the old Verso, with a longer wheelbase and wider track, offering a more spacious interior. There’s a pretty much all-round increase in power of 20%, but Toyota has managed to pull off a 12% reduction in emissions and fuel use.

Jaguar Land Rover boss dies (2008)

Geoff Polites, Jaguar Land Rover CEO: 1948-2008 By Gavin Green Motor Industry 21 April 2008 06:53 Geoff Polites, who died yesterday aged 60, will go down as one of the great British car industry bosses. He took over as CEO of Jaguar Land Rover in September 2005, when the Jaguar half of the business was at its lowest ebb. Sales of the lame duck X- and S-types were fast evaporating; Jaguar was consistently failing to hit its financial forecasts; morale was poor.