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Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.

Honda cuts UK production by 50 per cent

Honda (UK) cuts production Japan is slowly recovering from the earthquake and tsunami that hit on 11th March. Or at least its production is. Honda has revealed that it expects its Japanese plants to resume production of 11th April – just one month after the disaster – but initially that will be at just 50% capacity due to a shaky parts supply line.

Mercedes-Benz to attempt longest-ever powerslide

Mercedes-Benz aims to top the current world record for the longest-ever powerslide this weekend at the Brooklands circuit in Surrey in the United Kingdom. Mercedes driver Mauro Calo will spend about four minutes sliding either an E63 or a C63 AMG sedan in a 55-mph, third-gear drift. The goal is to rack up 10,000 feet (nearly two miles) sideways, obliterating the existing record of 8,000 feet.