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Range Rover Sport SVR prototype: official spy photos issued

By Tim Pollard First Official Pictures 25 June 2014 10:33 Land Rover has taken the unusual step of issuing its own spy photos of the new Range Rover Sport SVR - a muscled-up, 543bhp version that's been breathed on by Jaguar Land Rover's new Special Ops division. A new Range Rover Sport SVR prototype will be thrashed up the Goodwood hillclimb at this weekend's Goodwood Festival of Speed and these photos are the first conclusive proof that the Range Rover Sport SVR will join the line-up later in 2014. The SVR name is the first confirmation of a go-faster badge for future fast Land Rovers.

Maserati looking at LaFerrari for MC12 successor

Maserati is looking into building a successor to the MC12 Stradale supercar based on the Ferrari LaFerrari, according to a report from Autocar. Maserati boss Harald Wester didn't confirm it to the British magazine, but admitted there is an opportunity. The new car would use the chassis and suspension components from the LaFerrari, but not its electric motor and KERS system.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.