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Rolls-Royce Ghost V-Specification dialed up to 593-hp

Just before a refreshed Rolls-Royce Ghost debuts at the Geneva Motor Show in March, the British automaker has rolled out a performance edition of its "entry level" sedan with 593-hp underhood. The standard Ghost sedan wasn't exactly short on power until the announcement of the V-Specification version -- the company's 6.6-liter twin-turbocharged V12 engine produces 563-hp and 575 lb-ft of stump-pulling torque in standard form. Yes, gone are the days when Rolls-Royce declined to disclose exact power figures and simply listed their powerplants' output as "adequate." Now Rolls-Royce is forced to compete in this cutthroat market with its performance stats, it seems.

Peugeot 308 RCZ concept

These are the first pictures of the Peugeot 308 RCZ concept car, scheduled to make an appearance at the upcoming Frankfurt Motor Show. Based on the forthcoming 308, the 308 RCZ is a 2+2 coupe - in the same ilk as Audi's TT. The construction focuses on lightweight, employing aluminum in the roll over protection bars, a polycarbonate rear windscreen and carbon fiber body panels. Design details of the dramatic concept include pronounced wheel-arches that blend seamlessly with the aggressive front fascia and a stepped beltline. The large offset between the door and rocker panel emphasizes the purposeful, sporting stance.

Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.