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Jaguar renames and expands its performance driving school

What do you get for the man or woman who has everything, including a 500-hp sports car from Jaguar? If you want to keep them alive we’d suggest the newly renamed Jaguar R Performance Driving Academy. Jaguar renamed its driving school on Tuesday and also expanded it to four locations in the United States this year, offering both basic and advanced courses.

Honda's future: small cars, no NSX or Euro Acura

Honda CRZ concept at the 2009 Tokyo motor show; one of the cars unveiled by Honda CEO Takanobu Ito By Ben Pulman Motor Industry 23 October 2009 11:22 Honda chief executive Takanobu Ito today spelled out his vision for the next decade at Honda to CAR Online. No successor to the NSX is under development, but there will be a smaller city car slotting under the Jazz in Honda's range. It will be launched in Asia at first, potentially following in the rest of the world.Ito, who is also president of Honda R&D, said that the company had no firm plans for a pure battery electric vehicle at this stage – the onus is on hybrid petrol electric cars and fuel-cell models.It will continue to develop diesels for Europe, but Ito admitted a project to build clean-fuel diesels for the US market had been cancelled.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.