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Rolls Royce sponsors Bloodhound 1000mph World Speed Record attempt

The last time we had news about a sponsor for the Bloodhound 1000mph World Record attempt aproject, it was all about a carbon off-set company sponsoring the project with off-set credits so the speed record project could claim to be carbon neutral. This time, it’s something of proper value to the project. Rolls Royce – the plane people, not the car people – are supplying their EJ200 jet engine from the Eurofighter Typhoon – and technical support – which will be bolted in Bloodhound to get it up to 350mph before a rocket engine takes over and thrusts it on past 1000mph.

Disney and Pixar announce 'Cars 3'

Variety is reporting that Pixar will introduce a third chapter to the "Cars" franchise, the company's second trilogy behind "Toy Story." It will join a long-awaited sequel to "The Incredibles," written by Brad Bird, a sequel to "Finding Nemo," and a sequel to "Planes" called "Planes: Fire and Rescue." That one will come out this year, on July 18. The first "Cars" was something magical, a love letter from car guy John Lasseter to the insular world of car enthusiasts. The second "Cars" sold over $2 billion in merchandise and was a massive commercial success.

Nissan raises Leaf prices, adds retail markets

Nissan North America said Tuesday that it will add $2,420 to the price of the base model of its hard-to-get, slow-to-build electric Leaf sedan. Compared to 2011 model year's $33,630 base price, including delivery, the 2012 model will begin at $36,050. The car's upper-grade SL model will sell for $38,100, an increase of $3,530 over 2011.