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PM opens Williams F1’s new Advanced Engineering Centre

Prime minister David Cameron has today opened Williams Racing’s new £8 million Advanced Engineering Centre in Grove, Oxford. The new facility will help transfer Williams’ four decades of title-winning F1 expertise into the world of road cars – and the PM has challenged the engineers working there to continue helping Britain compete on the world stage by developing new business opportunities. On Bing: see pictures of Williams F1 cars Nismo Williams!

Jaguar future products: Small sedan, 'spiritual successor' to the E-type on the way

Jaguar is expected to add a sports car based on the C-X16 concept shown in September at the Frankfurt auto show. Executives said the car is nearly ready for production. Work also is under way on a compact sedan but that car is a few years away from production, Jaguar officials said.

The 2015 Porsche 911 Targa will debut Monday

Porsche's bringing the 997-generation 911 Targa to the Detroit auto show and you can watch it debut live at 11:45 AM EST on Monday, January 13. We've been told to expect a "retro" look, "Echoing the design of the original 911 Targa of 1965..." though we're not expecting to see a soft rear window. To watch the debut on Monday, click here.