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Chrysler, VW lead February sales gains

U.S. auto sales led by Chrysler Group surged 16 percent in February, giving the industry its strongest showing in four years in a fresh sign that the recovery is gaining more traction. Total light vehicle sales rose to 1.15 million units as the seasonally adjusted sales annual rate hit 15.1 million.

McLaren MP4-12 650S hits the Web ahead of official Geneva reveal

Images of the new McLaren MP4-12 650S have leaked to the Internet ahead of a planned unveiling for the British supercar at the Geneva Motor Show in early March. Created in response to customer demand for an edgier version of the McLaren MP4-12C offering greater levels of driver engagement, the 650S runs a more heavily tuned version of McLaren's twin-turbocharged 3.8-liter V8 direct-injection engine producing a claimed 25 hp more than the variant used by standard sibling for a total of 641 hp (as its name suggests 650 ps -- metric hp). Further details remain scarce ahead of the MP4-12C 650S's official public unveiling in Switzerland two weeks from now, although information passed on to prospective customers at a private presentation of the new two-seater held last week suggest it is also in line to receive a series of modifications to its seven-speed dual clutch gearbox, suspension, steering, brakes and aerodynamics -- all aimed at providing it with a more aggressive nature and added racetrack ability.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.