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McLaren reportedly at work on its next big thing

While we're getting ready for the soon-to-be-released McLaren MP4-12C, the British sports-car maker is at work on its next project. McLaren is aiming for a 2014 launch for a sports car that is larger than the MP4-12C, according to the Web site of the U.K.'s Autocar magazine. The magazine says McLaren is working with engineering firm Ricardo to develop a 5.0-liter engine that cranks out nearly 800 hp.

General Motors and Ford load up on small cars for bigger profits

Ford has no qualms about charging nearly $23,000 for a fully loaded 2011 Fiesta, which is smaller than the Focus. The Fiesta sedan, which goes on sale this summer, starts at $13,995, including shipping. The Fiesta, with a 1.6-liter four-cylinder engine and a six-speed transmission, gets 40 mpg on the highway.

2012 SEAT Ibiza Facelift unveiled

2012 SEAT Ibiza Facelift The 2012 Facelift for the SEAT Ibiza has been revealed, with new styling for the interior and exterior and a revised engine line-up. We may not actually get a public debut of the 2012 SEAT Ibiza until the Geneva Motor Show in March, but SEAT are previewing that public debut with details of the facelift and photos of the new Ibiza. All three body styles for the Ibiza get facelifted – the three-door SC, five-door hatch and Ibiza Estate (ST) – with the most immediately noticeable feature being a nose that looks like it came from the SEAT IBX Concept we saw at Geneva last year and which looks set to be the new face of SEAT.