Mallory Sprint Magneto on 2040-parts.com

Jaguar XFR-S Los Angeles Debut

A more powerful XFR – the Jaguar XFR-S – will debut at the Los Angeles Auto Show this month with a more aggressive body kit and 542bhp. We’ve been expecting the arrival of the Jaguar XFR-S – a more powerful XFR – to take on the might of the latest M5 and E63 for some time, and Jaguar has revealed the XFR-S will get its debut at this month’s Lops Angeles Auto Show. All Jaguar has felt fit to do at this stage is tease the XFR-S with a single photos (above) and no detail, but it seems probable the XFR will get the same sort of makeover to to create the XFR-S as the XKR got to give us the XKR-S.

Lamborghini Gallardo LP 550-2 Spyder (2012) unveiled

As predicted earlier by CAR, here is the new Lamborghini Gallardo LP 550-2 Spyder – essentially an open-top Balboni. It’s a rear-wheel drive Gallardo roadster and will cost £158,797.60 in the UK. We love that 60 pence bit of the price tag!

Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.