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Jaguar F-Type R Coupe unveiled!

When Ian Callum speaks design, it doesn't feel entirely like he's speaking from a teleprompter, listlessly reading from a speech carefully combed over and picked apart by public relations professionals. No, Callum -- 59, and broadly Scottish -- speaks like an old, tenured college professor, a living institution at an institution, as if he's trying to inspire a troubled student. "Cmon," he seems to tell us, "this is how it's done." For Callum, the F-Type Coupe has been an "emotional journey" since he started 15 years ago at Jaguar.

Daimler, Renault-Nissan announce alliance

Daimler and Renault-Nissan unveiled the details of an international alliance on Wednesday in a landmark collaboration designed to fortify the three historic automakers by sharing technology and reducing costs around the world. AutoWeek first broke news of the deal last week. Renault-Nissan and Daimler will work together on several specific projects, including small cars, engines and commercial vehicles.

U.S. auto sales continue to plunge in February

February sales for each of the top six U.S. automakers plunged more than 37 percent in February--the worst month since December 1981. "We are in an automotive depression amid 'The Great Recession,' " Standard and Poor's analyst Efraim Levy said in a report.