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Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.

Moody's boosts Ford's credit rating

Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.

Jaguar Lightweight E-type – the 1960s icon reimagined for 2014

By Tim Pollard First Official Pictures 12 August 2014 00:01 Jaguar has come good on its promise to finish off the six unused E-type chassis numbers to make half a dozen very special sports cars. The new Jaguar Lightweight E-type, unveiled today in Pebble Beach, Monterey, is the result: a stunning retro classic reimagined in painstaking period detail for 2014. Built by Jaguar Land Rover’s new Special Operations division at a new facility in old Browns Lane, the Lightweight E-type is also a shot across the bows of specialists such as Eagle, who have been making hay creating modern-day E’s.