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EV maker Coda trims staff

Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.

2011 Audi R8 GT, an AW first look

Three years after it burst onto the supercar scene, Audi has unveiled a hard-core version of its R8 called the GT. Based on the existing mid-engine R8 V10 and incorporating aerodynamic, weight-saving and mechanical developments used by the company's R8 LMS GT3 race car, Ingolstadt will build just 333 copies of the new 560-hp four-wheel-drive performance flagship. Pricing has not yet been revealed, but given the extent of the changes to the new two-seater, buyers should expect a hefty premium over the R8 V10's $147,000 price tag when the GT goes on sale in North America.

Lewis Hamilton to Mercedes, Sergio Perez to McLaren

Lewis Hamilton is leaving McLaren to drive for Mercedes – ousting Michael Schumacher – and Sergio Perez joins McLaren. It’s seemed likely for some time that Lewis Hamilton would leave McLaren for Mercedes, and this morning McLaren has confirmed that’s exactly what’s happening. The move to Mercedes for Hamilton takes him away from the team that has nurtured his talent from childhood and given him a life he could never have dreamed of.