NEW YORK/DETROIT (Reuters) – South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Cerberus Capital Management about a potential acquisition of the U.S. automaker's Jeep brand and possibly other assets, people with knowledge of the talks said on Friday.

4BangN writes "Honda’s replacement for the NSX is still more than two years away but a number of key details about the car have been revealed by an inside source at Honda. According to the insider, the styling of the new car will be very similar to the Advanced Sports Car Concept from last year’s Detroit Auto Show and its future price tag will be around the $160,000 mark.

The car’s lines will favor efficiency over style, with much of the design derived from Honda’s F1 program. According to Edmunds, a prototype set a blistering Nurburgring lap time of 7m 37s on its first attempt and the final number should easily slip below 7m 30s and into Corvette ZR1 and Nissan GT-R territory."

kaioken writes "Mitsubishi Motors Corporation submitted to the Federation Internationale de L'automobile (FIA) papers on the Mitsubishi Lancer Evolution X (chassis type CZ4A) for Group N Official homologation, receiving that recognition on August 1st 2008.
The FIA Group N Official homologation number is "N-5718."

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Scoop! Nissan Studies GT-R-Based Four Door A high-tech, high-performance Infiniti sedan that could serve as a halo car. A senior Nissan source has confirmed the company is studying the possibility of producing a high-performance four-door sedan based on the exotic Nissan GT-R hardware. The source suggested the car may be sold as an Infiniti.

Defending Rally America national champion Travis Pastrana has just started the legendary Rally Argentina, round four of the World Rally Championship, and the first event of Subaru Rally Team USA's 2008 Production World Rally Championship (P-WRC) program.