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Concept Car of the Week: Peugeot Proxima (1986)

Presented at the 1986 Paris Motor Show, the Proxima concept was the ultimate vision of '80s futurism, both in terms of its design and engineering. To assert its blue-sky vision, Peugeot named its creation after Proxima Centauri, the closest star to the sun. The exterior design was directed by Gérard Welter, and featured a long wheelbase, mid-mounted engine and very small overhangs, putting the accent on power and performance.

Jaguar Land Rover’s Saudi Arabia plans move closer

Jaguar Land Rover has signed a letter of intent with the government of Saudi Arabia to build and operate a production facility in the Kingdom. When we reported in September that Jaguar Land Rover were contemplating building a production plant next to a new  aluminium smelting plant in Saudi Arabia, we thought it was a way off. But it’s not as far away as we thought.

Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.