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Mitsubishi Evo returns: new FQ-440 most powerful Evo ever

Mitsubishi has announced that the high-performance Lancer Evolution is returning to the UK – in a limited run of just 40 Evolution X FQ-440 MR editions, celebrating 40 years of Mitsubishi on these shores. As is par for the course for an Evo FQ, the 440 represents the horsepower, making this new car the most powerful Evo ever. But priced at £50,000 it's also the most expensive Evo ever.

Concours d'Elegance of America at St. John's to feature Slingshot dragsters

The 34th-annual Concours d'Elegance of America at St. John's, formerly known as the Meadow Brook Concours d'Elegance, will host a selection of Slingshot rail drag cars this year, in addition to the Duesenbergs, Pierce-Arrows and Cords. The cars get their name from the rearward positioning of the driver seat behind the rear axle.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.