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Pebble Beach Debut For New Range Rover Sport SVR

LAND Rover is taking the performance SUV fight to Porsche as the Brit luxury car maker has unveiled a 550 horsepower version of its popular Range Rover Sport. The car, which is being launched at the prestigious Pebble Beach concourse event, is the fastest, most powerful Land Rover ever produced and the first to wear the SVR designation being adopted by future Land Rover and Jaguar high-performance models. The Range Rover Sport SVR accelerates from 0-60mph in 4.5 seconds and boasts a top speed electronically limited to 162mph plus a Nurburgring Nordschleife lap time of 8 minutes 14 seconds – one of the fastest times ever recorded by a production SUV.

Toyota closing NUMMI factory in California

Toyota Motor Corp. plans to close its oldest U.S. auto plant, New United Motor Manufacturing Inc., a venture that once symbolized Toyota's zeal to learn the art of automaking in America.

Urban gridlock costs economy £4.4bn

GRIDLOCK in urban areas is costing car-commuting households £4.4 billion a year, according to a report. Congestion in London accounts for £2 billion of the overall annual cost, the report by traffic information company Inrix and the Centre for Economics and Business Research (Cebr) showed. The report was compiled by studying congestion in the UK's 18 largest urban areas.