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Volvo tuner Polestar reveals production S60 and V60 models

It's not every day that we can tell you about a performance-tuned station wagon that is actually coming to the U.S., but today is one of those rare days. Volvo racing and aftermarket tuning specialist Polestar has revealed details of their production versions of the V60 wagon and the S60 sedan, which are bound for the U.S. The S60 and V60's 3.0-liter T6 engine has been tuned to produce 350 hp and 369 lb-ft of torque, which is said to give it a 0 to 62 mph time of 4.9 seconds, on the way to an electronically limited top speed of 155 mph.

Is the McLaren X-1 actually the new McLaren F1 under the skin?

It’s starting to look as if the McLaren X-1 – revealed at Pebble Beach – could actually be the new McLaren F1 under the skin. We knew that McLaren were heading to Pebble Beach with a new car, and we thought it was going to be the new F1. In the end it turned out to be the McLaren X-1, but could the X-1 actually be the new F1 under the skin?

Spyker CFO is set to step down in July as Saab raises more cash

As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.