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Ford, Nissan, GM, Chrysler post double-digit April sales gains

UPDATED: Strong demand for large pickups and new models propelled Ford Motor Co., Nissan Motor Co., General Motors and Chrysler Group to double-digit sales gains in April, signaling the auto industry's recovery remains solid. The seasonally adjusted annualized sales rate for April was tracking at 15.1 million based on results from automakers representing 55 percent of the U.S. market, J.P.

Audi Urban Concept preview

Following this past weekend's spy shots of the new urban concept caught on a film set in Berlin, Audi has released a set of sketches of the all-new 1+1-seat vehicle set for its global unveiling in Frankfurt. Claimed to combine the ‘elements of a racing car, a fun car and an urban car' the concept exploits new lightweight manufacturing processes. Its cockpit is made from carbonfiber-reinforced polymer (CFRP) and it features free-standing, low-rolling resistance 21-inch wheels with protective plates.

Hennessey Venom GT sets new 270mph world speed record

The Hennessey Venom GT has set a new world speed record for a two-seat sports car, hitting an official top speed of 270.49mph. Carried out on the 3.2-mile Space Shuttle landing strip at the Kennedy Space Center in Florida, USA, the Venom GT eclipsed the former fastest car in the world’s record, the 267.86mph Bugatti Veyron Super Sport. On Bing: see pictures of the Hennessey Venom GTHennessey Venom GT reaches 265.7mph top speed It’s not the first time the Lotus Exige-based sports car has tried to take the French marque’s crown, with previous tests getting oh-so-close to beating the Bugatti.