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Lincoln opens first dedicated design studio for 40 years

Ford has opened the first dedicated Lincoln design center for 40 years in Dearborn, Michigan, as part of its ongoing brand reinvention. Last August Ford announced it would be creating the studio for its luxury brand as well as increasing spending, giving it unique interiors and powertrains in an effort to differentiate it from the core Ford offerings. The Lincoln Design Studio has been built on the campus of Ford's Product Development center and houses designers, sculptors, modelers and engineers who make up part of a larger Lincoln Product Development team that will create four new Lincoln vehicles by 2015.

Daimler-Renault alliance to delay new Smart and Twingo models, report says

Renault SA and Daimler AG, who are sharing technology to build the new Smart ForTwo and Renault Twingo cars, will delay the introduction of the models by a year, according to a French newspaper. The cars will now come to market in 2014 instead of 2013, La Tribune said, citing industry sources. The next ForTwo and the third-generation Twingo will be built on Renault's A platform, with ForTwo production continuing at Smart's plant in Hambach, France, and Twingo output at Renault's Novo Mesto factory in Slovenia.

Video: Track-day fun in the Lexus LFA

As promised, the third installment in our supercar video extravaganza--after the Chevrolet Corvette Z06 and the Porsche GT2 RS--gives you the lowdown on the hyperexotic Lexus LFA and its insane 552-hp V10 powerplant. Best described by senior editor for motorsports Mac Morrison as "shrieking like a melting witch," the Lexus LFA emits a wail unlike anything this side of a Formula One racer, and its performance isn't too far off that mark, either. Check out the walk-around and some on-track fun, then come back for the VBox lap on Friday.