Honda 53234-zw1-010 on 2040-parts.com

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.

Ford lines up Mark Fields to succeed Alan Mulally

Ford Motor Co. has named Mark Fields its chief operating officer, putting him in line to succeed CEO Alan Mulally when he retires no sooner than the end of 2014. The appointment of Fields, 51, who has been president of Ford's Americas unit, was part of a sweeping overhaul of executive ranks unveiled Thursday.

Caterham AeroSeven Concept previews future production model

Hot on the stripped-down heels of the Caterham Seven 165 and Caterham 620R, the company revealed a next-generation vehicle, the AeroSeven Concept. The company’s newest road car benefitted from the entire portfolio of Caterham companies including Caterham Technology & Innovation, Caterham F1 Team, Caterham Composites and Caterham Cars. The company says the new concept hints at a future styling direction, including the new sports car that is being developed in conjunction with Renault, due in 2016.