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Glickenhaus may enter LMP1 class at Le Mans

James Glickenhaus, the man who brought you the Ferrari P4/5, is working on a new car to be used in top-level endurance racing such as the 24 Hours of Le Mans, possibly as early as 2014. Recently, sketches of the car—currently called the P4/5 Competizione LMP—have made their way to the Internet. Glickenhaus made his money in the stock market and film industry, but he became a household name among car guys when he commissioned the one-of-one Ferrari P4/5 Pininfarina.

Jaguar CUV, entry-level sedan on the horizon

UPDATED: Jaguar Land Rover has submitted two trademark applications to the U.S. Patent and Trademark Office, a potential clue to the luxury brand's 2015 product plans. Reports from Edmunds.com and others state that the "XQ" and "Q-Type" names could be used on an all-wheel-drive crossover and new sub-$40,000 sedan for 2015.

Experts predict nine-, 10-speed transmissions to dominate in North America

In March, luxury maker Land Rover proudly told an audience at the Geneva auto show that it would soon bring to market the industry's first nine-speed transmission. One month later, Ford Motor Co. and General Motors announced that they would jointly develop 10-speeds.