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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.

Goodwood FoS: Peugeot EX1 concept

It's not very often that I'm up at six o'clock on a Saturday morning. Yet here I am, threading through the narrow lanes of West Sussex, trying to meet a ridiculously early call time with Peugeot at the Goodwood Festival of Speed. Couple this with the adrenalin coursing through my veins – brought on by the excitement of finally getting a ride up the drive in front of Goodwood's house, home each year to the Festival of Speed – and there's no need for any coffee to wake me up this morning.

Kia Naimo concept at the Seoul auto show explores an electric-powered city car

Kia continues to explore its electric-car capabilities with the Naimo small-car concept, unveiled on Thursday at the Seoul motor show. The boxy, four-seat Naimo fits into the B-size class, which includes cars such as the Honda Fit, the Toyota Yaris, the Ford Fiesta and the Chevrolet Sonic. The Naimo is 153.2 inches long and has a wheelbase of 104.2 inches.