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Aston Martin gives luxury makeover to Toyota city car

Luxury carmaker Aston Martin has forged an innovative alliance with Toyota to develop what could be the world's first luxury city car. Aston Martin on Monday released a photo of the Cygnet, which is a Toyota iQ with restyled front sheetmetal. Although officially billed a concept, reports in Britain say that Aston Martin will put the Cygnet on sale next year.

McLaren MSO 650S going in to production – debuts at Goodwood & costs from £252,500

The McLaren MSO 650S Concept (pictured) becomes a production model In April, we revealed the McLaren MSO 650S Coupe Concept, and such has been the reaction from McLaren buyers that McLaren has decided to put it in to production, with a total of 50 cars being built in both Coupe and Spider guise and debuting this week at the Goodwood Festival of Speed. The production MSO 650S carries over many of the elements of the Concept, but McLaren’s Design Director, Frank Stephenson, has had input to make more changes including a number of carbon fibre styling upgrades with a satin finish, a three-piece rear bumper with carbon fibre centre section and a more aggressive rear diffuser. The MSO Concept came in Agrigan Black, but the production version will be available in ‘Papaya Spark (a take on McLaren orange), Sarigan Quartz ( new metallic silver with gold infusion) and the Agrigan Black of the concept.

There's a 2015 Ford Mustang convertible on the way, too

Almost immediately after the Ford Mustang debuted, buyers could choose from three body styles -- a hardtop, a rag-top convertible and a fastback (which actually came out a few months later than the hardtop and convertible). We already knew that the 2015 Mustang will arrive as a fastback (sorry, notchback partisans), but Ford has just announced that a drop-top version is also in the works. Pictures of the convertible sport a shiny "5.0" badge on the side and and chrome "GT" badge on the back, but we assume all the standard engines -- the 5.0-liter V8, 3.7-liter V6 and that new 2.3-liter EcoBoost turbo-four -- will be offered.