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Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.

Lamborghini Aventador drives record Lamborghini sales in 2013

Record Aventador sales drive Lamborghini’s turnover It would not have been unreasonable to think that Lamborghini’s turnover for 2013 would be less than 2012, especially as the Gallardo was about to be consigned to the history books to make way for the Huracan. But nothing could be further from the truth. In fact, despite the Gallardo’s demise at the end of 2013, Lamborghini managed to increase its turnover in 2013 to €508 million – up €39 million on 2012 – and break records for V12 sales in the process.

Ken Block signs for Ford and the WRC

Ken Block – who became a YouTube sensation with his gymkhana stunt series ¬– has ended months of speculation by confirming he’ll compete in the 2010 World Rally Championship – switching his Subaru Impreza for a Ford Focus, while he'll also rally a Fiesta in the US. The Monster energy drink-backed deal will form a key part of Ford’s plan to market its hatches in America, and follows last year’s Pikes Peak Fiesta. It’s a tentative start for Block, who’ll be competing in select rounds of the WRC championship – Mexico is believed to be the first – to hone his skills.