Autoblog

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We got wind of Saleen's new value-oriented brand last week, and they made it official with a press release introducing Racecraft and its first product, the 420S. The sub-$40,000 Mustang will have a focus on pure performance and offers up a supercharged V8 with 420 horsepower as well as an upgraded suspension, lightweight wheels, exterior graphics, and a few interior accents. If buyers want a little more, they can also shop the Saleen Speedlab catalog for items like the 475 horsepower upgrade kit that retails for just under a grand and doesn't void the 3-year/36,000 mile warranty. That's near GT500 territory, but for $5,000 less (not including markup on the Shelby), and about 300+ lbs lighter. The car will be officially unveiled at Mustang Week in Myrtle Beach, SC on July 26, and if you're in the area we hear they will be offering demo rides. The press release and a full list of 420S features can be found after the jump.

[Source: Saleen]

Click above for a high-res gallery of the new 7 Series

BMW has officially announced the details pertaining to the 5th generation 7 Series, so let's cut right to the chase. In Europe, there are five models arriving on the market in November of this year: the 730d; the 740i and Li; and the 750i and Li. The latter two are powered by the same twin-turbo 4.4L V8 that debuted in the X6. In the U.S.-market 7 Series, the turbo eight is rated at 400 horsepower and 450 lb-ft of torque, and it is the sole engine option being made available. If you want a BMW 7 Series in America, it will be a 750.

Europeans get more choices. The 730d's 3.0L diesel I6 pumps out 245 horses with nearly 400 lb-ft of torque. Despite the grunt, it boasts a combined fuel economy number of 32.6 U.S. miles per gallon (39.2 Imperial). The 740 models are powered by the now-familiar 3.0L twin-turbo gasoline engine. In the 7, the 3.0TT's power output is 326 horses and 332 lb-ft -- enough to hustle the 740Li from 0 to 62 mph in six seconds flat. All the engines are connected to a six-speed automatic. Follow the jump for more details and BMW's official press release.

Professional drifting series, Formula D, is trying to quickly win over fans and competitors in order to become one of the top forms of motorsport in the United States. As folks have learned in the markets this past year, though, rapid growth does not come without some giant bumps in the road. It looks like Formula D has now slid into a wall with a few of its teams. Confusion surrounding the series rule book has come to a head in discussions at Drifting.com. The rules state that any change to a vehicle's OEM suspension design must be approved by Formula D. Of course, a visual inspection of every car lined up for a run at a Formula D event proves that no one is utilizing 100% OEM suspension components. Aftermarket coilovers, adjustable control arms and urethane bushings are all-too-,common modifications seen throughout the pits. Therefore, there must be a list available to competitors outlining the approved components for all competing vehicles. No such list is available, however. That means teams have no method of verifying that other competitors are following the rules, other than the fact an entry passed Formula D's own tech inspection. Current discussion is making a case for the use of vehicle technical sheets as found in series such as SCCA Speed World Challenge to list all allowable modifications for approved competition vehicles.

One particular team lies behind the call for rule revisions, while other concerned competitors back up their request for clarification. The vocal team is the group behind the Super Autobacs Nissan Skyline, which was recently deemed ineligible for competition by Formula D. The series organizers claim the Skyline features illegal front suspension modifications by using the OEM parts off a Nissan Laurel. However, the RWD Scion tC campaigning in the series is eligible despite also using suspension parts from another Toyota vehicle that shares the same chassis. The rules become particularly unclear when other vehicles are allowed to run with obviously altered suspension setups. 350Zs have altered the mounting points of their rear axles and Chevrolet Corvettes have converted from leaf springs to coilovers. Hopefully, Formula D can learn from this tussle and develop a fair and documented method of approving vehicle,s rather than leaving everyone in the dark. Thanks for the tip MrCoolGuy!

[Source: Drifting.com]

Less than a decade ago, the Hyundai-Kia Automotive Group was ranked 11th in the world in total sales volume. According to the latest publishing of the Automotive News 2008 Global Data Book, the automaker has impressively passed Honda to take 5th position. To climb six positions in just eight years isn't a simple accomplishment as it required stepping over such global automakers as Fiat, Chrysler, PSA/Peugeot, Nissan, and Honda. Last year, Hyundai-Kia sold 3,961,629 automobiles worldwide (Hyundai sold 467,000, and Kia 305,473 in the United States alone). While they still have a long way before they reach 4th position currently held by Ford (global sales of 5,964,000 in 2007), their move into other markets as witnessed by the luxurious 2009 Hyundai Genesis and the group's favorable June automotive sales (even in a depressed market) demonstrate the increasing strength of the Korean automaker.

[Source: AutoIndustry]

The 2009 Jaguar XK-R has been spotted and shot doing the rounds in Europe. With so many other pots on the boil, like the XF-R and the new XJ, the XK-R is going the subtle route when it comes to changes. Up front, new intakes will be fitted under the headlights, while out back LED tail lights will be fitted in place of the standard units. One change we are most excited to hear about is the swap from a telescoping aerial to a shark fin on the deck lid. On the convertible, the raised aerial caused all kinds of wind noise, which, frankly, was unacceptable on a $100K car. Inside you'll find, ta-da, Jaguar Drive. The final version of Jaguar's hottest kitten will be revealed at the Paris Motor Show.

[Source: World Car Fans]

Click above for more renderings of the Bell Aurens Longnose

Few things define British motoring better than a Land Rover and the classic roadster. So, why not combine the two? While the vehicles share nothing in common except their status as iconis, two German Brit-car aficionados have melded the two vehicle classes into the Bell Aurens Longnose Land Rover. The end result is somewhat reminiscent of a Willys Jeepster, though it's far more serious in intent. Custom bodywork sits atop a classic Land Rover Series chassis, to which V8 or V12 power is added -- it's up to the buyer. Four-wheel-drive and low-range gearing assure that the Landie's off-road credentials are left fully intact.

Based on the rendering above, the vehicle certainly looks long and low, with no protection from the elements to speak of. Its lengthy bonnet leads to a passenger compartment fronted by folding windscreens. A choice of rear end styles will be available, including an optional boattail, perfect for fording muddy waters. You can read the long-winded press release in its entirety over at The Land Rover Chronicles.


[Source: The Land Rover Chronicles]

UPDATE: Once again, our sharp commenters FTW! This may be a scam, we'll be following up, but head to the comments for more details. The post was written several days ago and we were not aware of the dustups at that time.

You can pre-pay for cellphone minutes, here in New England it's popular to lock in your heating oil price for the winter, and now you'll be able to bank gallons of gasoline on a debit card, thanks to MyGallons.com. While you're screwed out of the money if the price of fuel drops, it's not looking like that's going to happen soon. MyGallons uses your zip code to determine what price you'll pay to add gallons to your card, which is accepted just like a normal debit or credit card at most fuel stations. It's a creative way to smooth out the fluctuations in the price of fuel, and it could also be a boon to those wanting to run a tighter budget, or at least know what they'll be spending on fuel for a given time period, as they've pre-bought. Shoot, it could even be a decent gift idea for the person who has everything!

[Source: Reuters]

Click above for a high-res gallery of the new Focus RS

Yesterday brought the sneak peek, but today we've got the real deal. The new Ford Focus RS is is mean and green (we mean that in the literal sense, thanks to its killer-looking paint color), and it will make its debut at this month's London Motor Show. While the RS is still under development, the car being put on display isn't exactly a concept, either. Some details might change here and there before it reaches showrooms in 2009, but ultimately, what you see here is what European drivers are going to get. The wide, low-slung stance, intimidating fascia, racy dual exhaust, and requisite high-mount spoiler are all part of the package. Follow the jump for more

Click above for photo gallery. Follow the jump for the video.

Ford Performance Vehicles' new range of Ford FG Falcon-derived super sedans and utes is mind-bendingly appealing. Big turbocharged or NA power, bright colors, and that menacing Alice Cooper eye makeup in front make for an entire farmer's market of forbidden fruit. Sure, on this side of the world, Ford's SVT performance division gives us the Shelby GT500 and the even more monstrous Shelby GT500KR -- but seriously, as hot as the factory super-Stangs are, the lineup of FPV rides you see above is hot enough to turn that desert sand into glass. Only, they can't -- because everything you see there is virtual. Both the backdrop and the cars are CGI. The photo-realistic vehicle models were created using the real cars' CAD data for a brand new FPV TV spot that premieres in Australia this Sunday. If you don't live in Oz, no worries -- FPV sent us a copy of the spot, which is now embedded after the jump for your enjoyment. And you will enjoy it. Right now, there's a void in our lives shaped like an all-black FPV F6, and this commercial's as close as we're going to come to filling it.


[Source: FPV]

Photo: tobyleah | Licensed under Creative Commons 2.0

We understand that many of you may be busy today, hanging with friends and family, tossing back a few cold ones, and eating in such a manner as to accelerate the onset of atherosclerosis. That's what we all do on Fourth of July weekend: we party. We'll be in and out all day ourselves, but have posts scheduled as always in case you should you decide to take a breather from the steady flow of brew and burgers. If you can, spare a couple of minutes to read this before you kick off the festive long weekend. It is why July 4th is important, and trust us -- the fireworks are even better when you remember exactly what you're celebrating. One remarkable document signed by 56 courageous men exactly 232 years ago today gave birth to these United States of America. Sometimes we take it for granted. Today we remember why we shouldn't.

Happy Independence Day!