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McLaren P1 flames on at Yas Marina

We know the McLaren P1 is ungodly fast. As evidence, we present this video of the new hypercar at the Yas Marina Circuit in Abu Dhabi doing some test laps, courtesy of YouTube sensation Shmee150. The cars were there for a McLaren 12C owner's meet.

Ford Verve Sedan, F150 (2008): first official pictures

By Liz Turner Motor Shows 13 January 2008 18:48 The Mustang Bullitt GT is the cherry on top, not of a cake, but a pile of bread-and-butter products at Detroit that could save Ford. The Blue Oval has unveiled an all-new mighty F150, a four-door US version of the Fiesta-sized Verve concept seen at Frankfurt and a range of turbocharged direct-injection petrol engines, dubbed EcoBoost. Derrick Kuzak, group VP for global product development, told CAR Online that to truly reduce emissions you need a mass-production solution people can afford, and EcoBoost doesn’t need all the expensive and complex after-treatments for NOx and particulates needed by diesel to meet US regulations.

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.