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Ssangyong relaunches brand with Giugiaro-designed Korando

Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.

Ferrari 458 Spider driven by Fernando Alonso +video

Fernando Alonso drives the Ferrari 458 Spider As the Ferrari 458 Spider gets closer to its official debut at Frankfurt this week, Ferrari are busy dropping bits of PR stuff to keep up interest. Today’s helping is Ferrari F1 driver Fernando Alonso having a play in Ferrari’s new convertible. This is the first time we’ve seen Ferrari’s new drop-top on the move, and it looks every bit as good as it coupe sibling.

The 500-hp club: The room is getting crowded

At a time when fuel economy counts for just about everything, there's still a horsepower war raging in the United States. The number of fire-breathing wedge-shaped supercars and hot sedans and coupes that can pump out 500 hp or better has nearly doubled in the past five years to more than 70. A decade ago there were just two members of the 500 hp club in the United States: the Ferrari 575M and Lamborghini Murcielago.