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Ford Figo is aimed at the heart of India's car market

We won't see it on our shores, but Ford has used the Fiesta platform to create the Figo for India and other markets in the Asia-Pacific and Africa regions. Ford CEO Alan Mulally introduced the Figo on Wednesday in Delhi. The car will be built at Ford's plant in Chennai, India.

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Hennessey Venom GT (2010) first official pictures

Less is more with the Lotus Elise. Hethel’s smallest sports car is sweetest when its lightweight aluminium chassis has a little naturally aspirated engine providing the power; a 257bhp Exige variant is about as powerful as it ever needs to be. So here’s a 1200bhp version… That’s right.