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Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.

Lamborghini Sesto Elemento concept

Lamborghini revealed the hugely anticipated Sesto Elemento concept at the 2010 Paris motor show. Based on the Gallardo supercar, the Sesto Elemento (six elements in the Italian sports car maker's native tongue) is a technological marvel, created entirely in carbon fiber to bring the vehicle's overall weight down to less than 1000kg. Read our opinions of the Sesto Elemento concept in our 2010 Paris Motor Show Highlights, and see the photo gallery (which includes all six teaser photos) by clicking the link below.

Ford names China's Geely as preferred bidder for Volvo

Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp. Ford said Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.