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Watch the Jaguar Project 7 F-Type go up the Goodwood hillcimb

Jaguar Project 7 F-Type (pictured) tackles the Goodwood FoS hillclimb One of the surprises of the 2013 Goodwood Festival of Speed has been the debut of the Jaguar Project 7 car, an F-Type with the more bountiful 542bhp supercharged V8 and styling stolen from the D-Type. Jaguar are saying Project 7 isn’t heading for production, but we’re pretty sure most of what’s underneath it – principally the 542bhp version of the supercahrged V8 – is in a production F-Type R. Perhaps surprisingly, fitting the 542bhp vresion of the V8 doesn’t seem to have done a lot for the F-Type’s sprint times, with 62mph coming up in 4.1 seconds, just 0.1 seconds quicker than the 495bhp engine in the standard Jaguar F-Type V8.

Volvo’s ‘World Premier’ is a bit of a damp squib

We had been hoping – and, to a degree, expecting – that Volvo’s big ‘World Premier’ they’ve been teasing for today would be the new Volvo XC90, a long overdue replacement for the (still surprisingly good) current model which is now more than a decade old. But it’s not. Instead, the big news is that the facelift Volvo XC60 is getting a global launch with Swedish House Mafia’s ditty ‘Leave the World Behind’ as its sound track.

Ford earns $2.6 billion in first quarter

Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today. In the first quarter of 2010, Ford earned just over $2 billion.