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Gordon Murray designs electric sports car – Teewave AR.1

Toray Industries Teewave AR.1 by GMD If you jumped straight from the headline to here, you may be flushed with excitement at the prospect that Gordon Murray – the man responsible for the McLaren F1 – has penned an electric roadster – the Toray Teewave AR.1. Admittedly the name doesn’t roll of the tongue quite like ‘McLaren F1′, but we can forgive the uninspiring name as the Teewave AR.1 is bound to be impressive. Isn’t it?

Cadillac CTS (2014) [w/Gallery]

The all-new Cadillac CTS has broken cover ahead of its official debut at this week's New York Auto Show. This third-generation CTS is a clear evolution of its predecessors design-wise, but the crucial shift is in its growth – it's now, more logically, alligned to its main competitors, the BMW 5 Series, Lexus GS and Audi A6. This follows the smaller ATS' lead, which is within millimeters of a 3 Series.

Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.