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Jaguar XFR-S (2012) first official pictures

Here's Jaguar's M5-killer: the new 2013 XFR-S. By taking an already potent XFR and plumbing in the 542bhp engine from the XKR-S coupe, Jag has created a saloon with XJ220 power. The Jag XFR-S was unveiled today at the 2012 Los Angeles auto show.

Aston Martin make Nissan’s Andy Palmer their new CEO

Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?

Unsold Cars take over California

It’s a sign of the times. Unsold cars arriving at Long Beach - Image by NYT Long Beach, California, America’s second largest port is under siege from unsold cars. Day after day, thousands of cars roll off container ships, normally destined for dealerships around the country.