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Caterham reveals new SP/300R race car

British specialty-car maker Caterham unveiled its new SP/300R sports prototype race car and a plan for creating a one-make series in 2012 on Thursday at the Autosport International Show in Birmingham, England. The SP/300R is powered by a supercharged 2.0-liter Ford Duratec four-cylinder engine. It produces 299 hp and 213 lb-ft of torque.

Mercedes-Benz has big plans for small cars

Breaking outside its American position of rear-wheel-drive luxury vehicles, Mercedes-Benz will launch its new front-wheel-drive architecture in the United States in the next three years in the form of a coupe, SUV and possibly a small wagon or compact hatchback. Joachim Schmidt, Mercedes' global sales and marketing boss, said Mercedes is developing at least four models based on its MFA, or Mercedes Front-wheel-drive Architecture. "We will introduce the next generation of our MFA family to the U.S.," Schmidt said in an interview.

Saab back online as NEVS rebuilds the Saab Brand

The Saab website has now come back online with NEVS (National Electric Vehicle Sweden) outlining its plans to rebuild the Saab Brand. Back in September the long-running Saab Saga was finally concluded, with the sale of what’s left of Saab after Victor Muller’s  little adventure saw Saab left as nothing more than another defunct icon brand from the annuls of motoring history, with NEVS taking control of Saab. The plan is to build a range of electric cars in Trollhattan and China, initially based on the Saab 9-3 platform but eventually developing the Phoenix platform in to the basis for Saab’s future.