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Saleen Performance to end S302 Ford Mustang production, prepares to expand

If ordering a Saleen S302 Ford Mustang is on your wish list, the time to do it is now. Revstone Industries, owner of Saleen Performance Vehicles, said on Wednesday that it will stop taking orders for the car in May and will finish building Saleen Mustangs in suburban Detroit by the fall. But the Lexington, Ky.-based company is not getting out of the performance parts and merchandise businesses and isn't abandoning the vehicle-upfitting field, spokesman Pete Borum said.

Third Tesla Model S catches fire

Update: According to an Automotive News report, "NHTSA said it will contact local authorities about the latest fire 'to determine if there are vehicle safety implications that merit agency action.'" The agency had previously backed away from an investigation after determining that vehicle defects were not to blame for the fire in early October. Just after Tesla Motors reported a $38 million third-quarter loss and within a few weeks of two other car fires, a third Model S sedan reportedly burned on the highway near Smyrna, Tenn. The Tesla Motors Club forum supplied photos of the crash, which occurred around 1:30 Wednesday afternoon, in addition to intense speculation on the cause of the fire.

McLaren P12 supercar (2012) first teaser shot

Here we have the very first official McLaren teaser shot of the Woking brand's upcoming flagship hybrid supercar, codenamed P12. The picture may appear nothing more than a colourful light show, but we can spot certain elements of the P12's styling. Don't worry - CAR has a handful of tech details behind the new Brit supercar as well.