Performance Lift System W/shocks on 2040-parts.com

Jaguar F-type (2013) first official pictures

Here comes the F-type, the most exciting Jaguar since...well, the legendary E-type. The F-type is a proper two-seat sports car, with aluminium construction, heaps of tech and strong performance from its V6 and V8 engines. 'If people ask what Jaguar stands for, it's this!' says the company's design director, Ian Callum.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Volvo will market entry-level car to rival VW Golf

Volvo plans to offer a Volkswagen Golf competitor as part of a plan to expand the automaker's product line. Speaking in London last week, new Volvo CEO Stefan Jacoby said the next generation of the entry-level Volvo “will be a derivation of the C30, a Golf competitor,” according to the Web site www.autocar.co.uk. He also said Volvo's brand positioning would shift toward “functionality and Scandinavian elegance” and away from sportiness, according to the Web site.