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David Brown Automotive Speedback revealed

All-new British sports car brand David Brown Automotive has revealed its first production GT car, the Speedback, prior to its world debut at the Top Marques Monaco event in April. The new Speedback is based on the Jaguar XKR and uses its supercharged 5.0-litre V8 motor to produce over 500hp. It’s been 18 months in development and has been engineered in Coventry – and will use hand-crafted bodywork produced in the automotive city, too.

Ford gets another NO on Volvo

And the beat goes on… Ford has been trawling the world’s car manufacturers (and Governments) for what seems like forever, in an increasingly desperate attempt to off-load its Swedish subsidiary, Volvo. They appear to have tried everyone from the Swedish Government to BMW and Mercedes, with a fair dose of Chinese firms in between (has Ford offered to sell it to you yet? Don’t worry, it won’t be long!) And now Reuters are reporting that yet another Chinese Car Co has declined the offer.

Toyota to pay $32.4 million U.S. fine over timing of recalls

Toyota Motor Corp. agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations of whether the company notified regulators of safety defects in timely fashion.