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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Honda speeds up major changes to the Civic

Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here. The move is a rush to improve the Civic in time for the 2013 model year. The Civic's cheapened interior and other reductions in content got a critical reviews from The Wall Street Journal, and Consumer Reports removed the model from its recommended list.

Saab SOLD to National Electric Vehicle Sweden

The Swedish press are reporting this morning that Saab administrators have agreed a deal to sell Saab to National Electric Vehicle Sweden. The Saab Saga has been going on so long it’s hard to think of it is a car maker any more. But that may be about to change.