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U.S. safety officials deny airbag exemption for the Pagani Huayra

U.S. safety officials have shot down Italian supercar maker Pagani's request that the Huayra coupe be exempted from needing advanced airbags--a move that means Pagani can't legally sell the car in the States. Safety rules require that all new cars sold in the United States be equipped with airbags that can automatically adjust deployment force based on the height and weight of the seat occupant.

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

Mercedes F1 at Edinburgh’s Race the Runway

The 2012 Mercedes F1 car will be at Edinburgh’s Race the Runway 2014 event In 2013, Mercedes decided to cough up sponsorship to help the Race the Runway event at Edinburgh Airport, and it must have been a success as Mercedes are back again as event sponsors. The Race the Runway event is an opportunity for car owners to blat their cars down the runway at Edinburgh Airport and generate cash for a worthy cause – the Prince and Princess of Wales Hospice in Glasgow. Participants have to cough up a £300 donation to the charity to get the chance to see what their car can do, for which they get a free lunch as well as the thrill of flat-out driving on the runway, and can even bring a passenger along.