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Saleen Performance to end S302 Ford Mustang production, prepares to expand

If ordering a Saleen S302 Ford Mustang is on your wish list, the time to do it is now. Revstone Industries, owner of Saleen Performance Vehicles, said on Wednesday that it will stop taking orders for the car in May and will finish building Saleen Mustangs in suburban Detroit by the fall. But the Lexington, Ky.-based company is not getting out of the performance parts and merchandise businesses and isn't abandoning the vehicle-upfitting field, spokesman Pete Borum said.

Eterniti Motors opens London shop

Eterniti Motors officially opened its doors in London on Monday. The 10,000-square foot building in Park Royal not only hosted the opening-day party, but also displayed the company’s first production model, the Eterniti Artemis SUV. We saw the Artemis back in 2011 at the Frankfurt auto show.

Ford gets another NO on Volvo

And the beat goes on… Ford has been trawling the world’s car manufacturers (and Governments) for what seems like forever, in an increasingly desperate attempt to off-load its Swedish subsidiary, Volvo. They appear to have tried everyone from the Swedish Government to BMW and Mercedes, with a fair dose of Chinese firms in between (has Ford offered to sell it to you yet? Don’t worry, it won’t be long!) And now Reuters are reporting that yet another Chinese Car Co has declined the offer.