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Bugatti reveals footage of record-setting open-top run

In case there was any doubt, Bugatti posted footage on Monday of its $2.6 million Veyron Grand Sport Vitesse hitting a record-setting 254.04 mph at Volkswagen's Ehra-Lessien test track. Chinese racing driver Anthony Liu was behind the wheel. If you'll remember, when Bugatti had its hardtop top-speed record pulled, it quickly set this test in motion to quiet any detractors.

Most of Saleen sold to Michigan group

The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.

New York, California first to get electric Focus

Customers in New York and California will be the first to take delivery of the 2012 Focus EV, according to a message posted on a Focus Forum from Ford marketing. That also explains some new material from the company which says, "2012 Focus electric; coming spring 2012." The Focus will launch in 19 markets, including Chicago, Detroit and Seattle, but it will hit the coasts first. In the www.myfocuselectric.com forum, Ford's electrified-vehicles marketing manager David Finnegan broke the news.