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MTM de-quattros and supercharges the Audi R8

Audi tuning specialist MTM has revealed its latest go-fast package for the R8 supercar. Having already supercharged the car's 4.2-liter V8, MTM has now converted the AWD sports car to RWD for the new R8 GT3-2 package (the 2 stands for the number of powered wheels). With 560 hp and 428 lb-ft of torque on tap from the supercharged V8, the R8 GT3-2 is capable of hitting 62 mph in 3.9 seconds and has a top speed of 197 mph.

U.S. Car makers bailed out – U.K. next?

So, President Bush has decided to use a chunk of the funds allocated for banking bailouts to US car makers, principally Chrysler and GM. I suppose it was inevitable. After all, what has Bush got to lose?

Ferrari ups profits while cutting production (2013) CAR report

Eyebrows were raised in May 2013 when Ferrari chairman Luca di Montezemolo confirmed to a group of journalists, including CAR’s own Ben Barry, that the illustrious supercar maker wanted to slow its production rate and sell fewer cars in 2013. The strange-sounding order was decreed to help the brand retain its exclusivity, yet despite the gastric band on output, the Ferrari boss insisted profits could be upped. Impossible?