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Hennessey Venom GT sets new 270mph world speed record

The Hennessey Venom GT has set a new world speed record for a two-seat sports car, hitting an official top speed of 270.49mph. Carried out on the 3.2-mile Space Shuttle landing strip at the Kennedy Space Center in Florida, USA, the Venom GT eclipsed the former fastest car in the world’s record, the 267.86mph Bugatti Veyron Super Sport. On Bing: see pictures of the Hennessey Venom GTHennessey Venom GT reaches 265.7mph top speed It’s not the first time the Lotus Exige-based sports car has tried to take the French marque’s crown, with previous tests getting oh-so-close to beating the Bugatti.

Who's Where: GM Design announces major global restructuring of design executives

GM Design has announced a major reshuffle of its global leadership team, with Mark Adams, current executive director of Global Cadillac and Buick Design and GME vice president of Design, amongst the movers. Designed to boost the emphasis of the carmaker's various brands, including Buick and Opel, the restructuring – which comes into effect on 1 September – will focus on improving joint strategies, theme development and innovation. Mark Adams will head back to Germany to take up the position as GME vice president of Design and champion for Opel/Buick brand strategies and design language.

Alfa Romeo MiTo

This is Alfa Romeo's latest compact car, the MiTo. The new car draws its name from the abbreviations of two Italian cities: Milan, the city that brought the car's style into being, and Turin, which will be responsible for its industrial production. The first new Alfa Romeo to be built since the 8C Competizione, the MiTo borrows many characteristic element from its larger 'halo' sibling: the shape of the frameless side windows, the distinctive frontal treatment, the shape of the headlights and the LED tail lights.