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The Mitsubishi Evo is dead

As Mitsubishi shifts its global lineup toward utility vehicles and electrified cars, it will pull the plug on the Lancer Evolution at the end of the nameplate's current generation. “Mitsubishi Motors does not have any plans to design a successor with the current concept, as a high-performance four-wheel drive gasoline-powered sedan,” spokeswoman Namie Koketsu said, describing the car as having “icon” status. “Mitsubishi Motors will explore the possibilities of high-performance models that incorporate electric vehicle technology.” Dropping the Evo was foreshadowed last fall when President Osamu Masuko unveiled a new mid-term business plan that would deprioritize in-house sedans and explore sourcing them through joint projects with the Renault-Nissan Alliance.

Production Peugeot RCZ R revealed ahead of Goodwood FoS debut

Production Peugeot RCZ R (pictured) revealed Peugeot promised a more powerful RCZ – the RCZ R – at the Paris Motor Show last year, and subsequently confirmed it would arrive at the 2013 Goodwood Festival of Speed. Now, with the FoS kicking off today with the Moving Motor Show, Peugeot has revealed photos of the production RCZ R – painted in sporty red – and given us some proper specs. As we already knew, the RCZ R makes use of the PSA/BMW 1.6 litre turbo petrol the regular RCZ already has, but in the R’s case Peugeot has managed to turn the wick up to 11 and delivered 270bhp.

Cadillac ATS priced at $33,990

The 2013 Cadillac ATS, which we first saw at the Detroit auto show, will start at $33,990 when it goes on sale this summer, General Motors said on Monday. The range-topping version will carry a price of $42,090. Power for the base model will come from a 2.5-liter, four-cylinder engine that returns 30 mpg on the highway.