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Jaguar XFR Speed Pack

Jaguar has revealed a Speed Pack for the XFR, raising the top speed to 174mph and adding cosmetic tweaks. We have been expecting Jaguar to arrive at the Paris Motor Show next month with an XFR-S, an XFR with the same power boost as the XKR-S to offer an XFR that can hold its own against the new M5. That may still be happening, but perhaps Jaguar are only planning on giving us a low-fat upgrade to the XFR in the form of the XFR Speed Pack, revealed at the Moscow Motor Show?

General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Mazda to recall more than 500,000 vehicles

Mazda plans to recall about 514,000 vehicles to repair power-steering systems that fail suddenly. The recall will affect the Mazda 3 and the Mazda 5 manufactured in Japan from 2007 to 2008, according to a report in Reuters. Currently, Mazda has filed recalls for 215,000 vehicles in the United States and more than 10,000 in China.