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2013 Mini John Cooper Works GP drive review

Mark Vaughn threw the '13 John Cooper Works GP around Circuito Mallorca a few months back, and the quickest-ever production Mini proved itself to be an excellent track car. The questions one always asks about a car stuffed full of turbo boost and beefy suspension goodies, however, remained hanging before us: Will it be intolerable on the street? Will it ride like a steel-shod forklift on rough pavement and leap like a hornet-stung mule into the back of a porta-potty truck when the boost comes on?

Kia Naimo EV Concept revealed

The Kia Naimo EV gets revealed in Seoul This week sees the start of the Seoul Motor Show. Which may not be at the top of our list of must-see shows, but with Kia and Hyundai taking over the world we do need to at least sit up and take notice. Today is press day at Seoul and Kia has rocked up with a funky electric CUV (Crossover Utility Vehicle) – the Kia Naimo – powered by a pair of 27kWh lithium-ion polymer batteries in the boot which power an electric motor that’s good for 108bhp and 207lb/ft of torque.

Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.