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MG exploring sports car concepts, eyeing US return

MG Motor, now part of China's SAIC along with Rover Group successor Roewe, is considering a sports car in addition to long-term plans for a return to the U.S. market, according to Edmunds. The company is in the early stages of exploratory work on a sports car following the opening of a new design studio in Shanghai, a sports car that is expected to mirror the classic MGB mold, if it is determined that today's MG could in fact field a worthy competitor to the Miata.

Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.

Lexus IS 2011: the Estate returns – but Hybrid only

The Lexus IS SportCross - the 1st generation Lexus IS Estate The Lexus IS Range is Toyota’s answer to BMW’s 3 Series and Audi’s A4. And it does a very creditable job, particularly for those drivers for whom quality of finish and lots of toys are much further up the list than driving dynamics. But despite there originally being a Lexus IS Estate – the Lexus IS SportCross – when the IS first launched in 2000, Lexus saw fit to drop that when the current IS turned up in 2005.