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Pfadt Race Engineering Cadillac ATS hits 162.5 at Texas Mile

Pfadt Race Engineering is claiming it has the world's fastest Cadillac ATS after clocking 162.5 mph in the standing mile at the latest Texas Mile event in Beeville. Pfadt used the turbocharged four-cylinder ATS as a starting point and upgraded the turbo, intercooler, suspension and exhaust. Pfadt says the engine improvements are responsible for adding more than 100 extra hp in the lightweight luxury sedan, which starts with 272 hp.

50 Jaguar E-Types in convoy through London

The E-Type Convoy through London - in the rain This isn’t the first story we’ve run this year with ’50′ and Jaguar E-Type in the headline, and it’s a safe bet won’t be the last either. Unless you’ve been in Motoring purdah for the whole of 2011, you’ll know that this year is the 50th anniversary of the debut of the Jaguar E-Type at the Geneva Motor Show in 1961, and Jaguar are making the most of the anniversary at every step. But this time it’s not Jaguar who are making the most of the E-Type’s birthday, it’s the organisers of the 2011 Motorexpo in Canary Wharf, who’ve teamed up with the Jaguar’s Driving Club to drive fifty E-Types across London and out to Canary Wharf to kick of this year’s show.

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.