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McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

Pagani Zonda R: Nurburgring Record Video

The Zonda R setting a record lap at the Nurburgring Back in April we reported that Ferrari were claiming a Nurburgring record for the 599xx. This made-up-by-Ferrari record was for the fastest time round the Nurburgring by a road based car, or so Ferrari claimed. Of course, they were wrong on so many levels, despite the 599xx setting a cracking time of 6m 58.16s.

Next Jaguar XJ takes styling cues from the XF

Jaguar is putting the finishing touches on its heavily revised 2011 XJ sedan, remaking its flagship sedan in the mold of the XF sedan. Based on a re-engineered version of today's all-aluminum XJ chassis introduced with the sedately styled 2004 model, the next XJ will be significantly different in appearance, drawing its coupelike-sedan inspiration from the Ian Callum-penned XF. "People know that something is coming, but they're going to be very surprised," says one source involved in the project code-named X351.