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BMW wants to sell 1,000 of its fire-breathing hybrids in the U.S.

It's literally a grand strategy: BMW is aiming to sell 1,000 of its new hybrids based on the 7-series and the X6 in their first year in the United States. The two hybrids will be revealed in production trim at the Frankfurt auto show this month. They use eco-technology to boost fuel economy and performance.

Infiniti sets up global HQ in Hong Kong

Nissan Motor Co. is establishing a new global headquarters for its Infiniti luxury brand in Hong Kong, in a nod to the surging sales it expects from China. Infiniti, which is not sold as a separate brand in Japan, is currently run out of Nissan's worldwide office in Yokohama, Japan.

Hennessey Venom GT hits new, unofficial, speed record (video)

The Hennessey Venom GT (pictured) hist 270.49mph on a NASA runway Top speed records for production cars is starting to seem pretty irrelevant as there’s almost nowhere an owner can ever hope to hit those record speeds. And the performance of cars like the new McLaren P1 – where  performance and handling are much more the focus than outright top speed – has added the the irrelevance. But that doesn’t stop some car makers aiming for the bragging rights of the world’s fastest production car, and John Hennessey and his Hennessey Venom GT are back with another claim on the title.