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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Toyota Prius: Battery bottleneck limits Prius Output

Battery bottlenecks are hurting efforts to boost output of the Toyota Prius to meet booming demand, and the problem will likely persist into next year, a Toyota official says. "The new Prius model has been excessively popular, inconveniencing some of our customers, and the factories are working overtime at full capacity," Takahiko Ijichi, Toyota senior managing director, said Tuesday at the company's quarterly earnings announcement. "Unfortunately, the batteries are not catching up with demand.

Mullin museum is not Bugatti buyer

The Mullin Automotive Museum released a statement on Wednesday saying that, contrary to media reports, it was not the buyer of the 1936 Bugatti Type 57SC Atlantic. “We . .