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Jaguar to launch C-X75 supercar in 2013

The Jaguar C-X75, the breath-taking hybrid supercar that stole the spotlight at the Paris motor show, will become reality in late 2013. Jaguar announced plans on Friday morning in London to build a production version of the car, and it will make just 250 examples from 2013 to 2015 as part of a partnership with Williams F1. Pricing will start at about $1.1 million, and more ordering and technical information will be available on Sept.

Formula One: Ferrari's Montezemolo to run for Italian presidency?

Ferrari boss Luca di Montezemolo has stirred the pot in Italy with reports saying he will run for the Italian presidency in 2013, but Montezemolo himself has denied tales of his presidential ambitions. Montezemolo has made it known that he wants to see economic and structural reform in his homeland. The Italian also has repeatedly hinted at his political yearnings.

Nissan gets a new 'Leaf' on life

On Thursday, Nissan announced that its all-electric Leaf will be added to its Certified Pre-Owned Vehicles program. Starting in September, Nissan will back all used Leaf vehicles to provide years of performance and quality at a competitive value. The program will not only provide buyers with eight-year/100,000-mile battery warranty coverage, but also with five-year/60,000-mile coverage for battery-capacity loss that falls below nine bars, which is imperative when you're relying solely on electricity to power your vehicle.