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Mitsubishi weighs a 'different direction' for the Lancer Evolution

The current generation of Mitsubishi Motors Corp.'s Lancer Evolution high-performance sedan appears be its last as the automaker works to refashion itself as a leader in electrified vehicles. Mitsubishi is considering a "different direction" for its rally-inspired, all-wheel-drive sport sedan as it prepares to launch eight electric or plug-in hybrid vehicles globally by 2015. The plan is fueled in part by a need to meet tougher global fuel economy and emissions regulations.

CEO Krafcik leaves Hyundai, succeded by Zuchowski

Hyundai Motor America said John Krafcik will step down as CEO at year end, capping a five-year run during which he steered the Hyundai brand to record U.S. sales and market share. Krafcik will be succeeded by Dave Zuchowski, currently Hyundai's executive vice president of U.S.

Hennessey to build limited-edition Venom GT WFE

Hennessey Performance is building an extremely limited run of World's Fastest Edition Venom GTs to celebrate the company's top speed run of 270.4 mph set at NASA's Kennedy Space Center in February. It holds the unofficial record for fastest series-produced road car and the official record for standing-start acceleration. The Venom GT hit 186 mph in 13.63 seconds.