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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Mazda brings diesel back to Indy with 6 Skyactiv-D

Diesel has enjoyed great success lately as a racing fuel, but there's one place it hasn't appeared for more than six decades: Indianapolis Motor Speedway. Mazda's breaking that dry spell this weekend, when its Mazda 6 Skyactiv-D race car will head to Indy for the Grand-Am race. We like the 6 in both road trim and racing livery, but that previous diesel-powered racer -- the Cummins Diesel Special -- is pretty neat too.

Who's Where: Peter Schreyer appointed President of Kia Motors

Peter Schreyer has been been appointed President of Kia Motors after holding the position of Chief Design Officer since 2006. Schreyer is the first non-Korean to hold the position within the company and one of the highest-ranking designers in the history of the industry. Schreyer, who is now 59, moved from the VW Group to transform the historically 'dull-but-worthy' Kia product range into one of the strongest and most design-led in the industry through stand-out production cars such as the Picanto and Sportage as well as a diverse range of concepts from Pop to GT.