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Traxxas remote-controlled car hits 100 mph: Video

Remote-controlled cars have a come a long way since the double-A-battery-powered, open-wheeled, plastic-chassis cars of the past. So far along, in fact, that today's high-quality cars don't do 50 mph, 60 mph or 70 mph. The new Traxxas XO-1 does a neck-snapping 100 mph.

Renault and Caterham to develop affordable sports cars

Renault and Caterham are to join forces to create new, more affordable sports cars under the Alpine badge. The two groups will establish a jointly owned new group – Société des Automobiles Alpine Caterham – under the leadership of Bernard Ollivier and will develop models to be sold as both Renault Alpine and Caterham. Tony Fernandes, Caterham Group Chairman, said: "We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true." At this year's Monaco Grand Prix Renault unveiled the Alpine A110-50 concept, which was seen as a relaunch of the brand despite it being essentially a reworked version of the Renault-branded DeZir concept from the 2010 Paris Motor Show.

BMW: Carbon fiber goes high volume in 2013

BMW AG plans to begin high-volume production of carbon fiber parts in two years, making it a strong contender to be the first automaker to move beyond limited-edition use of the exotic material. But Daimler AG, which has taken steps aimed at making carbon fiber parts in 2012, is among the automakers racing toward the same goal. In 2013, BMW will start building the i3 electric car, a vehicle that features a passenger cell--the protective shell around the passenger compartment that ensures the integrity of the vehicle in a crash--made of plastic reinforced with carbon fiber.