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U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.

Nissan Pivo 2 concept

Nissan has released details of a new Pivo 2, an advanced electric concept car that will debut at the upcoming Tokyo Motor Show. Building on the popularity of the first Pivo, shown at the 2005 Tokyo Motor Show, the latest concept will be powered by compact Lithium-ion batteries and features a unique rotating cabin. Where the first Pivo, with its fully rotating cabin design, made reversing obsolete, the Pivo 2 takes that easy mobility concept to a new level.

Bugatti Veyron Grand Sport Vitesse (2012) revealed

This is the Bugatti Veyron 16.4 Grand Sport Vitesse, and it’s quite possibly the world’s fastest convertible. It will be unveiled at the Geneva motor show in March 2012. Effectively the Bugatti Veyron Grand Sport Vitesse is what you get when you cross the open-top body of the Veyron Grand Sport with the monstrous 1183bhp powertrain of the Veyron Super Sport.