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Roush unveils new versions of high-performance Mustangs

Roush is synonymous with go-fast Mustangs, and on Wednesday, the company unveiled its latest--and potentially greatest--steeds, based on the 2010 Ford Mustang. Roush will offer three versions at launch, topped by the 435-hp 427R Mustang. Prices will range from $34,847 for the Stage 1 model to a starting price of $43,051 for the 427R.

Mercedes SLS AMG Final Edition (2013) first official pictures

By Ollie Kew First Official Pictures 15 November 2013 09:00 In 2015, Mercedes will pension off the SLS AMG to start production of a new sports car:the GT AMG. So, here’s the inevitable special edition version: the creatively titled SLS AMG Final Edition. Available as a coupe and soft-top roadster, the Final Edition received a mixture of aerodynamic upgrades from the SLS Black Series, and luxury options to set itself apart from ‘normal’ SLS-kind.

Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.