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McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

Hyundai and Rhys Millen extend deal for 2012

Hyundai Motor America and Rhys Millen will continue their partnership into the 2012 Global RallyCross season that starts on May 26 in Charlotte, N.C. He'll return to drive the hopped-up Veloster hatchback in all seven races, including two at ESPN's Summer X Games. “I'm thrilled to represent Hyundai and the Veloster in the GRC series for a second season,” Millen said.

2014 GMC Sierra Denali gets more bling, luxury, tech

The 2014 Chevy Silverado and GMC Sierra pickup trucks -- revealed at the Detroit auto show -- will be two of the GM's biggest sellers this spring. Now we know a little more about the luxury GMC Sierra Denali trim, which about 20 percent of buyers opt for. The new Sierra Denali will come with a standard 355-hp 5.3-liter V8 or available 420-hp, 6.2-liter V8.