Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.

Saab targets customers' hearts, brains and wallets in North America

Saab executives said they're optimistic the struggling brand will be able to attract customers despite production stoppages at the company's Trollhaettan, Sweden, plant and cash flow problems. The Swedish automaker aims to target consumers and instill confidence with a grass-roots marketing campaign that focuses on the "heart, brain and wallet," Saab Cars North America President Tim Colbeck told reporters at Saab's North American headquarters in suburban Detroit on Thursday. Colbeck said the company must move away from selling vehicles based on price and focus more on making customers enthusiastic about driving Saab's vehicles.

Eterniti Motors: a new UK-built luxury SUV (2012)

A new British car company will launch at the 2011 Frankfurt motor show - Eterniti Motors - and its first car will be a luxury crossover. Incredibly, the new bespoke manufacturer will be based in London, where it says it will design and assemble its new top-end cars. The first model, which doesn't have a name yet, will be a crossover in the mould of the Lagonda SUV: a £150,000-200,000 luxury 4x4, based on the mechanicals of a mainstream crossover.