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Honda NSX concept unveiled at 2012 Detroit auto show

One of the biggest draws of the 2012 Detroit auto show is the new Honda NSX concept car. Developed in tandem by Honda's design studios in California and Japan, the new NSX is a svelte-looking supercar with an exciting purpose: it heralds Honda's new supercar. After years of will-they, won't-they delays, concepts and U-turns, this time Honda is adamant - it really is replacing the original NSX.

Italian design house Bertone nearing bankruptcy

The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.

Jaguar XJ sedan revealed, reaches U.S. showrooms in December

With entertainer Jay Leno acting as host, Jaguar has taken all of the cloaks off the redesigned XJ sedan. Jaguar said the new XJ will go on sale in the United States in December and will carry a base price of $72,500, including shipping charges. The new XJ will be sold in standard- and long-wheelbase versions.