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Saleen Performance to end S302 Ford Mustang production, prepares to expand

If ordering a Saleen S302 Ford Mustang is on your wish list, the time to do it is now. Revstone Industries, owner of Saleen Performance Vehicles, said on Wednesday that it will stop taking orders for the car in May and will finish building Saleen Mustangs in suburban Detroit by the fall. But the Lexington, Ky.-based company is not getting out of the performance parts and merchandise businesses and isn't abandoning the vehicle-upfitting field, spokesman Pete Borum said.

Hyundai will launch Veloster Turbo in 2012

Hyundai has confirmed it will bring a 1.6 turbo version of the Veloster coupe to the UK in the second half of 2012, as first revealed by CAR. It should make an interesting alternative to the VW Golf GTI brigade. The new blown four-cylinder engine is called the Gamma 1.6 T-GDI by Hyundai - and it develops an unusually high specific output of 201bhp at 6000rpm and 196lb ft at just 1750rpm.

Volvo’s KERS system improves performance and cuts fuel use.

The Volvo S60 with KERS Flywheel (pictured) boosts economy and performance As car makers continue to get bashed by more and more stringent CO2 targets from governments around the world, cleverer solutions are called for to squeeze the best performance and economy balance possible from their products. And Volvo’s new Flywheel KERS system does look promising. Volvo are currently running UK tests of a KERS flywheel system developed by Flybrid Automotive, which takes kinetic energy generated under braking and stores it in a flywheel fitted to the back axle.