The Hennessey Venom GT is now the fastest car in the world. The 1184bhp Venom GT hit a top speed of 270.49mph at Nasa's Kennedy Space Centre in Florida, stripping the Bugatti Veyron Super Sport of its title by beating its 268mph top speed. The speed has been noted by Guiness World Record, but at least 30 Venom GTs need to be made before the record is ratified.
Volkswagen is offering £5.5 billion to take control of the rest of Scania. VW already owns 89.2 per cent of the voting rights of the Swedish truck maker, as well as the majority of its capital. The move is part of a plan to align Scania and MAN, another VW-owned commercial vehicle manufacturer.
Vauxhall's front-wheel drive Insignia Country Tourer has been priced from £24,209 for a 2.0-litre CDTi Ecoflex. The car is available to order from March, with prices rising to £27,014 for a top-spec version.
A string of personnel changes means there are plenty of new faces at the top of the motor industry. Mercedes-Benz has promoted current UK boss Marcus Breitschwerdt to take over its European operations, while Honda has promoted Toshiaki Mikoshiba to the equivalent position.