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Mitsubishi Evo returns: new FQ-440 most powerful Evo ever

Mitsubishi has announced that the high-performance Lancer Evolution is returning to the UK – in a limited run of just 40 Evolution X FQ-440 MR editions, celebrating 40 years of Mitsubishi on these shores. As is par for the course for an Evo FQ, the 440 represents the horsepower, making this new car the most powerful Evo ever. But priced at £50,000 it's also the most expensive Evo ever.

Audi A3 e-Tron Hybrid revealed at Shanghai

Audi A3 e-Tron Hybrid Shanghai - yet another e-Tron Concept Where would we be at a major motor show without Audi and an e-Tron concept? So far we’ve had an Audi e-tron trundled out in everything from a super mini to a super car, and with a range of powertrains from a very sensible range-extender in the Audi A1 e-Tron to the frankly ludicrous claims of the first R8 e-Tron delivering 3,319lbs/ft of torque. What we get for Shanghai is the Audi A3 e-Tron.

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.