Performance Tool External Star Bit Socket W1338 on 2040-parts.com

McLaren denies Ron Dennis demotion rumors

McLaren has denied reports that boss Ron Dennis is being demoted in the wake of the automotive division he heads losing money. Germany's Auto Motor und Sport broke the news this week that Dennis could be demoted. He is known for shaping McLaren into a motorsports powerhouse, and has spearheaded its automotive division since 2009.

Jaguar C-X75 Hybrid Supercar development showcased on video

Jaguar showcase the development of the C-X75 hybrid supercar on video After little news on the Jaguar C-X75 – Jaguar’s hybrid supercar – after production plans were cancelled at the end of 2012, this last week has seen a flurry of activity. We’ve had a few select publications given the chance to take a ride – and a brief drive – in the C-X75 at Gaydon, and Jaguar decided to release some new photos of the C-X75 in a fetching shade of blue. We’ve also had the suggestion that Jaguar will give the F-Type a 700bhp version of the C-X75′s hybrid powerplant.

November a strong month for car sales

U.S. auto sales--led by BMW, American Honda and Volkswagen Group--rose 15 percent to 1.14 million in November, exceeding analysts' forecasts and setting the stage for the industry to finish 2012 on a high note heading into the new year. The annualized industry sales rate, adjusted for seasonal trends, accelerated to 15.56 million--the highest rate since 15.59 million in January 2008.