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Charles Morgan to build rival cars

Sacked Morgan boss Charles Morgan is to set up new sports car company that he says will rival the 104-year-old British car manufacturer that bears his family name and recently dismissed him. In a report in the Telegraph, Charles is quoted as saying his new company will “build on the innovation and heritage of my grandfather”. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader The news comes less than a month after Morgan lost his appeal against his dismissal from the Malvern carmaker his family set up in 1909.

Musk says no recall after Tesla Model S fires

Following a series of collisions resulting in vehicle fires, Tesla Motor’s Elon Musk recently told Bloomberg that the electric Model S will “definitely” not be recalled by the automaker. The National Highway Traffic Safety Administration has agreed -- so far. NHTSA decided against a full investigation after the second Model S fire in October.

McLaren MP4-12C launches into production

It's finally happening. Perhaps the most anticipated British sports car in at least a decade--the McLaren MP4-12C--has gone into production. McLaren announced the news on Wednesday, and as many as 1,000 copies of the potent speedster will be built this year.