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McLaren delivers first P1 supercar, announces performance figures

McLaren delivered its first P1 supercar on Monday, days after British TV show “Top Gear” was spotted testing the vehicle. The new UK-based owner picked up the Volcano yellow and carbon fiber P1 at the company's headquarters in Woking, England. McLaren also confirmed the insane specs we were all hoping for.

BMW 2 Series Coupe revealed: stylish new looks for 1 Series successor

BMW has revealed the new 2 Series Coupe range – the stylish successor to the rather awkward-looking BMW 1 Series. If only that car had looked like this all along… Set to go on sale in March 2014 with prices starting from £25,040, the new 2 Series Coupe carries on the trend set by the recent new BMW 4 Series Coupe: it’s odd numbers for the mainstream range and even numbers for their sportier derivatives. As the name suggests, though, it’s more than just a 1 Series with a new set of clothes.

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.