Nissan Versa Note (2014) [w/Gallery]

Nissan has unveiled its 2014 Versa Note at the 2013 North American International Auto Show (NAIAS). The new design aims to improve fuel economy through improved aerodynamics and has a drag coefficient of 0.298, achieved with the aid of Nissan's first Active Grille Shutter. The Versa Note, which uses the carmaker's global ‘V' platform, sits on a long wheelbase of 2,600mm and has short front and rear overhangs.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Porsche 911 GT3 R Hybrid at the Nurburgring – Video

The Porsche 911 GT3 R Hybrid Nurburgring video below In February we reported that Porsche has developed the unthinkable – a hybrid 911. But this wasn’t a hybrid 911 with a bank of batteries and a fluffy-bunny conscience, but a rampant track 911 with a great big electro-magnetic flywheel and a KERS-like thump of an extra 160bhp – the Porsche 911 GT3 R Hybrid. The 911 GT3 R uses technology developed by Williams F1 and comprises of a pair of generators in the front wheels that shove energy to a composite flywheel (conveniently located next to the driver – not sure how well that would go down on a road0going version) which is the stored and can be thrown at the back wheels whenever the driver wants, in a way very similar to KERS.