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McLaren MP4-12C performance specs released

The twin-turbo, 3.8-liter V8 in the McLaren MP4-12C sports car cranks out 592 hp at 7,000 rpm, according to factory performance specs released on Sunday. The engine hits its torque peak of 443 lb-ft at 3,000 rpm and holds it up to 7,000 rpm. That power gives the MP4-12C a top speed of 205 mph.

Ferrari SP FFX revealed – it’s not a looker

The one-off Ferrari SP FFX – complete with white fringe and coupe roof. Ferrari Special Operations is the division of Ferrari that relieves very well-heeled punters of vast quantities of cash to create one-off specials – just like Eric Clapton’s Ferrari SP12 EC. But a big bank account doesn’t necessarily equate to great taste, at least not if the only image we have of Ferrari’s latest one-off creation – the Ferrari SP FFX – is anything to go by.

Ford lines up Mark Fields to succeed Alan Mulally

Ford Motor Co. has named Mark Fields its chief operating officer, putting him in line to succeed CEO Alan Mulally when he retires no sooner than the end of 2014. The appointment of Fields, 51, who has been president of Ford's Americas unit, was part of a sweeping overhaul of executive ranks unveiled Thursday.