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Jaguar F-type Project 7 concept (2013) first pictures of Goodwood one-off

The Jaguar Project 7 will make its debut at the 2013 Goodwood Festival of Speed. Based on the F-Type convertible, the single-seat P7, named as a tribute to Jaguar’s seven Le Mans victories, has retro tweaks from the legendary Jaguar D-Type that won the 24-hour in 1955 and ’56. What's special about the Project 7 F-type?

Nissan to slash jobs, production after forecasting $2.9 billion loss

Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.

NHTSA investigates GM cars for possible brake light problems

Federal safety regulators are looking at three General Motors vehicles for potential brake light defects that could result in a recall of more than a million midsize vehicles. A Automotive News they were investigating an estimated 550,000 Pontiac G6s because of possible brake light malfunctions that could increase the chances of an accident. NHTSA said it had received 212 consumer complaints concerning brake light problems on 2005-09 modelG6s.