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Jaguar C-X75: Jaguar’s Hypercar stillborn

The Jaguar C-X75 hybrid hypercar will not go in to production. Jaguar cite the poor economic outlook is behind the decision to scrap the C-X75. But the gas turbines soon bit the dust as Jaguar realised the technology was just not mature enough for a production car, so they replaced the gas turbines with a 1.6 litre turbocharged and supercharged petrol engine charging the batteries that powered the two electric motors, one on each axle.

2013 Infiniti IPL G convertible officially announced at Pebble Beach

In an expected move, Infiniti has announced it will build a production version of the IPL G convertible concept seen at this year's New York Auto Show. The 2013 Infiniti IPL G convertible will likely share hardware with the IPL G coupe on sale now, and the power retractable hardtop used by the G37 convertible. IPL, which stands for Infiniti Performance Line, is the manufacturer's in-house performance department, serving as an extension of the Nissan NISMO works into the company's luxury division.

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.