1987-1993 Ford Mustang Gt Tail Light on 2040-parts.com

Jag GT3 racer hints at 500bhp XKR

By Phil McNamara First Official Pictures 06 November 2006 09:48 Jaguar XKR GT3: the lowdown This is the Jaguar XKR GT3, a 550bhp, race-fettled XK which will campaign in the 2007 FIA GT3 series. But the big news is that its uprated V8 engine is bound for a roadgoing XKR, to propel Jaguar up the power league and into the realm of Merc's 510bhp SL55 AMG and BMW's 500bhp M6. Apex Motorsport will design, develop and campaign the XKR GT3, shown here in an official artist's impression.

News watch July 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

Taggart motorcycle collection to cross the block during Pebble Beach weekend

Auction house Mecum will sell a collection of Michael Taggart's motorcycles along side the classics, vintage racers and exotics this year at Pebble Beach. They all will be offered at the third-annual Mecum Monterey Auction on Aug. 18-20 at the Hyatt Regency Monterey Hotel and Spa on the Del Monte Golf Course in California.