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Chinese price MG TF above MX-5

By Tim Pollard First Official Pictures 03 July 2008 06:54 New Chinese owner NAC has announced a price bombshell for its revised MG TF: it's going to cost more than a Mazda MX-5. The new company, called NAC MG UK Ltd, today revealed that the MG TF LE500 would cost £16,399 when it goes on sale in September 2008. The cheapest MX-5 1.8, meanwhile, costs £15,750.

Report: Ram plans light-duty pickup

Chrysler's Ram brand plans to offer a light-duty front-drive pickup on a redesigned minivan platform beginning in 2013, according to a published report. The truck is expected to be aimed at pickup buyers who want better fuel economy than a full-sized pickup can provide, and who don't need a pickup's toughness and hauling capability. The vehicle will be targeted at the Honda Ridgeline pickup.

Ken Block rolls out Ford Fiesta hybrid race car

Driver and rally racer Ken Block introduced his latest vehicular weapon on Monday. The Hybrid Function Hoon Vehicle (HFHV) is not a hybrid in the traditional gas/electric sense, but instead is able to transform itself to compete in various race disciplines. The HFHV Fiesta will compete in three distinct disciplines--stage rally, rallycross and gymkhana events.