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New McLaren to take on the Audi R8

The 'Baby' McLaren - expected on sale in 2012 When Ron Dennis left McLaren F1 recently, he said he wasn’t putting his feet up, but had so many other things to do within McLaren that he’d be busier than ever. We’ve brought various bits of information about the McLaren P11 – the F430 / LP560 size car – recently, a project that will certainly keep Ron busy, but there’s more information coming out on the new ‘Baby’ McLaren today. Auto Express is reporting that the new baby McLaren is well on the way, and even supplied the rendering we have here.

40 Years of Mmmm

In 1972, the Dow Jones closed above 1,000 for the first time, the Olympic Games in Munich were marred by the killings of 11 Israeli athletes, gasoline averaged 55 cents a gallon, Bobby Fischer became the world chess champion and the last U.S. troops withdrew from Vietnam. It was also a notable year for German automaker BMW, as that year saw the birth of its famed M division.

GM to drop plans for range-topping Cadillac sedan

General Motors has decided to deep-freeze a range-topping ultraluxury sedan it was developing for Cadillac, according to three people with knowledge of the company’s plans. GM executives recently concluded that the rear-wheel-drive car, which would have been a low-volume showstopper priced well north of $100,000, didn’t offer enough brand-building pizzazz to justify the investment, the sources said. Designers recently were taken off the program and reassigned.