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Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

Festival of Speed: onboard with David Coulthard up the Goodwood hill

If you’re able to arrive early enough on Thursday for Goodwood’s Moving Motor Show you might just be able to book yourself a slot to drive up the famous hillclimb course with one of the many manufacturers displaying their cars. Few mere mortals get the opportunity to drive up the hallowed tarmac at Goodwood – it’s more often reserved for F1 aces and motorsport heroes, such as a certain David Coulthard. In this video from Mercedes-Benz, DC takes us on a guided tour up the hillclimb, corner by corner behind the wheel of a suitably glam Merc SLS Black Series.