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Jaguar to back historic-racing effort in 2012

Jaguar will return to factory-backed motorsports in 2012 with a program intended to showcase great racing Jaguars of the past in select historic-racing events. The company announced the program, dubbed Jaguar Heritage Racing, on Monday. For the first time since 1956, factory-supported C- and D-types will take to the track, gracing some of the most famous circuits in the world including Goodwood, the N

Toyota ends powertrain deal with Tesla

To the surprise of no one, Toyota has announced the end of a partnership with Tesla that gave rise to the slow-selling RAV4 EV, which will be replaced by a fuel cell car next year. Toyota has said that it can't meet California's zero-emission vehicle (ZEV) mandate profitably with electric cars, but it thinks it can make money, or at least not lose so much of it, with fuel cells. Toyota signed a $100 million joint development deal in 2011 with Tesla, to build powertrains for its RAV4 EV.

Smart to sell Nissan-built car in U.S. in 2011

The U.S. distributor of Smart cars says it has a tentative deal with Nissan to sell a small, five-door car built by the Japanese automaker under the Smart brand, beginning in late 2011. Smart USA Distributor LLC, which is owned by Roger Penske's Penske Automotive Group, said the car would be powered by a gasoline engine and fit the B-segment size class.