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New Stratos (w/ Gallery)

After weeks of speculation, the official story and pictures of the reborn Lancia Stratos – officially named 'New Stratos' – have been revealed. While the car's design and concept are obviously related to the 2005 Fenomenon Stratos – a venture headed by RCA graduate Chris Hrabalek – design and development have been completed by Pininfarina. Initially headed by Jason Castriota before he left – ironically for the original Lancia Stratos' birthplace, Bertone – Luca Borgogno completed the exterior and interior design.

Honda and Acura to extend incentives on out-of-stock vehicles

Honda has told its U.S. dealers to honor discount offers on models that aren't in stock in a bid to keep customers from buying from rivals as the automaker copes with shortages caused by the March earthquake and tsunami in Japan. The new program is called the Honda Promise, according to news-service reports.

Jaguar XKR 75 gets a Prince of Wales check Alcantara interior from Jaguar Italy

Jaguar XKR 75 with Prince of Wales check interior. Lovely. The Jaguar XKR 75 – a limited edition XKR with 522bhp, a body kit and some stripes – was revealed last Summer and debuted at the Goodwood Festival of Speed.