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Video: Ferrari F70 caught drifting at Fiorano

0-60 tipped us off to this short video of Ferrari's forthcoming Enzo successor drifting its way around Ferrari's Fiorano test track. The F70's V12 can be heard, though there's no evidence of the rumored KERS-like hybrid system. Ferrari tells us to expect a sub-2,500-pound curb weight, and we're also hearing the 920-hp figure bandied about.

80hp Caterham Seven 160 details revealed

Caterham has launched its new Seven 160 – an 80hp entry-level variant of its back-to-basics sports car available that’s available now from £14,995. That’s in kit form: if you’re not keen to build it yourself you’ll have to stretch to £17,995, which still offers a decent fun/money ratio thanks to its kerb weight of less than 500kg: that equates to 160hp-per-tonne. Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show Suzuki power for new entry-level Caterham Power comes from a turbocharged 660cc three-cylinder Suzuki engine which propels the car to 60 in 6.5 seconds and on to a top speed of 100mph.

Hyundai, Kia retract mileage claims

Hyundai and Kia overstated the estimated fuel economy on more than 900,000 U.S. vehicles sold over the past two years and will compensate owners for the faulty claims, a newspaper reported. In addition, the South Korean partners will lower the fuel-economy estimates on most of their 2012 and 2013 models, the Detroit News said.