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McLaren delivers first P1 supercar, announces performance figures

McLaren delivered its first P1 supercar on Monday, days after British TV show “Top Gear” was spotted testing the vehicle. The new UK-based owner picked up the Volcano yellow and carbon fiber P1 at the company's headquarters in Woking, England. McLaren also confirmed the insane specs we were all hoping for.

Russian and American military vehicles in Ukrainian ex-president's collection

Last week the world got a glimpse of Ukrainian ex-president Viktor Yanukovych's surprisingly eclectic car collection, which included dozens of cars that have never been exhibited in any museum or classic car show outside the former USSR. The sprawling garage at the Mezhyhirya villa became public only last weekend, hours after Yanukovych's nighttime escape by helicopter to Russia. Hundreds of ordinary citizens and journalists from all around the world strode freely into the villa, finding an abundance of abandoned wealth, some of which was even tasteful.

May sales slide 4 percent on rising fuel prices, tight vehicle supplies

U.S. light vehicle sales dropped 4 percent in May--the first decline since August--as rising gas prices, inventory shortages, higher stickers and economic jitters curbed demand. The pace of sales last month--11.78 million units on an annualized basis--was the year's lowest and marked the first seasonally adjusted total below 12 million units in seven months.