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Ron Dennis steps down from F1 to focus on supercars

Ron Dennis hands over the baton to Martin Whitmarsh. He'll now be focusing on McLaren Automotive's new P11 and other road cars By Tim Pollard Motor Industry 16 January 2009 15:43 McLaren Mercedes team principal Ron Dennis is to step down as boss of the F1 team to concentrate on McLaren's other interests – including McLaren Automotive, which is planning a range of new top-end sports cars. CAR Online has led the world with its scoops on the new McLaren P11, a British alternative to the Ferrari 430 Scuderia.

Roush unveils two 540-horsepower Mustangs

The go-fast guys at Roush tore the cover off two 540-hp 2010 Ford Mustangs today. The range-topping Stage 3 Mustang will be limited to 103 copies for 2010, while the 540RH will slot in as minimalistic approach to the iconic Pony Car for customizers. They both launch this fall.

UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.