Need for Speed Ford Mustang sells for $300,000

The 900hp Ford Mustang GT as seen in the latest Need for Speed movie has sold at an auction in the US for $300,000 – that’s roughly £180,000. Unfortunately, the winning bidder might be disappointed to find out that in real life it doesn’t make anywhere near the 900hp claimed in the film, instead running a stock 420hp. Please click on the picture above to find out more about the Need for Speed Mustang

BMW set to debut diesel 7-series in the US

While Mercedes-Benz has let us Americans buy diesel versions of its flagship sedan from time to time, BMW has kept a number of versions of the 7-series from our shores, among which are 7-series sedans with diesel engines. Well, it looks like we'll finally be getting a diesel 7-series after all, with the arrival of the 740Ld later this spring. The 740Ld will be powered by a 3.0-liter inline-six diesel engine with a single turbocharger with variable vane turbine technology, making 255-hp and 413 lb-ft of torque, and will be coupled exclusively with BMW's xDrive all-wheel drive system.

Production Peugeot RCZ R revealed ahead of Goodwood FoS debut

Production Peugeot RCZ R (pictured) revealed Peugeot promised a more powerful RCZ – the RCZ R – at the Paris Motor Show last year, and subsequently confirmed it would arrive at the 2013 Goodwood Festival of Speed. Now, with the FoS kicking off today with the Moving Motor Show, Peugeot has revealed photos of the production RCZ R – painted in sporty red – and given us some proper specs. As we already knew, the RCZ R makes use of the PSA/BMW 1.6 litre turbo petrol the regular RCZ already has, but in the R’s case Peugeot has managed to turn the wick up to 11 and delivered 270bhp.