We obsessively cover the auto industry…

Go back a decade or so – before Koenigsegg, SSC and the Bugatti Veyron were on the scene – and the idea of a million-dollar, thousand-horsepower supercar that could break the three-second barrier to sixty would seem out of this world. Posting those kinds of figures with an electric car? No way.

Way. That's what the Rimac Concept_One is all about. It chews up Tesla Roadsters and spits them back out into the Silicon Valley from whence they came. The electric motors mounted at each wheel give the electric supercar 1,088 horsepower of thrust and a 2.8-second sprint to 100 km/h (62 mph). Range comes in at a claimed 372-miles. All yours (if you're one of the first 88 customers to call) for the low, low price of $980,000.

We could hardly believe it when we saw the show car in Frankfurt last year, and neither could the show-goers in Monte Carlo where it made its production debut. So to show the public that it was for real, Rimac put out this short video clip showing its Croatian creation laying down patches of its Giugiaro-designed Vredestein rubber on the tarmac. It's brief, but it's worth a watch. Scroll down below to check it out.

Nissan breaks ground today on an expansion to its Decherd, Tennessee engine plant and will start churning out powerplants for Infiniti and Mercedes-Benz models in about four years.

The plant already builds four-, six- and eight-cylinder engines for several Nissan models as well as the Infiniti JX SUV. In 2011, the Decherd plant built 580,000 engines. The expansion will boost production capacity by as much as 250,000 units per year.

Nissan's partnership with Mercedes-Benz, announced in January, has the Decherd facility supplying engines to Merecedes' only North American plant in Vance, Alabama. The four-cylinder will be installed in the German company's C-Class sedans.

"This is the newest milestone in our pragmatic collaboration and our most significant project outside of Europe so far," said Renault-Nissan CEO Carlos Ghosn in a January press release. "Localized capacity reduces exposure to foreign exchange rates while rapidly enabling a good business development in North America – a win-win for the Alliance and Daimler."

Now that the title of world's largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. Bloomberg reports that Toyota snagged the #1 crown in Q1, taking it away from General Motors with 2.49 million units sold across its five brands compared to 2.28 million for GM. Volkswagen was just another tenth down at 2.19 million units sold.

What all three might appreciate even more than the crown – except for VW, who is monomaniacal about the No. 1 tag – is that sales volumes and profitability are up, at least in America. Toyota's sales rebound from the catastrophes of last year (and indeed, the last few years) is being underlined by its performance here, where the Prius Plug-In is the third-best seller against a background of the nation's best car sales market in five years. Even with double its usual fleet sales in Q1, Toyota expects this financial year's profits to double.

The year isn't over yet and it remains close, but for now it looks like there'll be good news for everyone. Well, until 2016, when Volkswagen is predicted to vanquish all challengers at the top of the podium, two years ahead of its own ridiculously ambitious schedule.

The Detroit Free Press reports Ford is set to boost production by 40,000 units. The company plans to half its summer shutdown to just one week at 13 plants this July. Ford says that it is already operating most of its facilities at maximum capacity, and adding a week of production is a good way to balance manufacturing with demand. The automaker is also adding extra shifts at three of its production facilities this month. Overall, Ford will increase its production this year by a whopping 400,000 units to three million vehicles by October.

But Ford isn't the only domestic manufacturer to step up production. Chrysler is also skipping the summer shutdown at four of its plants and idling two more for one week instead of two. General Motors, meanwhile, will continue its summer plant stops as planned.

When Queen Elizabeth II celebrates her Diamond Jubilee, it will be a cause for celebration for her entire United Kingdom. But the Brits aren't the only ones marking Her Majesty's 60 years on the throne.

The celebrations will apparently include delegations from around the world, including one mixed party of prancing horses old and new to represent Italy. Not only will several Ferraris be represented at the first Concours d'Elegance to be held at Windsor Castle, but Ferrari is bringing the 4th Mounted Carabinieri to strut their stuff on the grounds of the palatial estate for Her Majesty's enjoyment.

The event will form part of the Diamond Jubilee Pageant from May 10 to 13, but you can see a preview of what Ferrari and the Mounted Carabineri it supports have in store after the jump. The fancy dress makes the Royal Canadian Mounted Police (which you'd otherwise be more likely to see in the other Windsor, where Sergio Marchionne – chief executive of Ferrari's parent company – went to college) look sober by comparison, but it's worth watching for the overly dramatic music alone.

With its screaming 4.5-liter V8 and its clever flip-top roof mechanism, we'd venture to say that the Ferrari 458 Spider is pretty damn close to automotive perfection incarnate. But some owners – even Ferrari owners – will never be satisfied with stock. And that's where Novitec Rosso comes in.

The Dutch tuning house specializes in Italian exotica, and for the 458 Spider have just announced a series of upgrades that aims to make their take on the flip-top prancing horse stand out that much more on the streets of Monaco or Abu Dhabi where they're most likely to encounter others of the same.

Novitec knew better than to mess with the engine too much, so it forwent the addition of supercharger or turbo spools. Instead it limited itself to fitting the high-revving eight-banger with new breathing apparati and ECU that boost output up to 600 horsepower and 420 lb-ft of torque – a boost of about 40 hp and 20 lb-ft, respectively.

The engine mods have been supplemented by an upgraded, adjustable suspension with 22-inch wheels wearing ultra-low-profile Pirelli P-Zero rubber. And the entire package is rounded out by an aerodynamic body kit crafted from carbon fiber – a treatment that continues to the interior where customers can also find a special button on the steering wheel to open the exhaust flaps for a little moor burble. You know, just in case the 458's steering wheel weren't packed with enough buttons already.

Some teams might give a promising young driver a second chance, but not Ferrari. You only get one offer to drive for the Scuderia, and if you turn it down, that's your last chance.

Legend has it that Ferrari made that offer to Jacques Villeneuve way back in the late 90s after he'd won the Indy 500 and the CART title in the same year, going on to place second in his first season in Formula One and clinching the title the following year. He was the hottest commodity in motor racing, after all, and Ferrari had been his father's team. But Jacques turned it down, opting instead to build up the BAR-Honda team for which he would drive for five seasons before bouncing around another three and eventually retiring.

JV never did get another shot at driving for Ferrari – not in F1 and not in any other form of motor racing, of which Jacques has contested many. Not until today, anyway, when he was invited to the firm's private Fiorano test track. The reason was to pay tribute to his late, great father Gilles Villeneuve.

The occasion was to mark the 30th anniversary of Gilles' tragic death, which occurred behind the wheel of a Ferrari F1 car during qualifying for the Belgian Grand Prix on May 8, 1982. Gilles Villeneuve, for whom the grand prix circuit in Montreal is named, was regarded as one of the best drivers ever to have lived, and to see his world champion son drive his Ferrari 312 T4 – the same one in which he won three races in 1979 – was surely a fitting tribute. See for yourself in the vast gallery of high-resolution images above.

Sportsmen – whether you'd classify them all as athletes or not – are some of the wealthiest people in the world. And every year, The Sunday Times puts out a list of the richest among them. The list takes all their assets into account – including salaries past and present, endorsements and other investments – and ranks them by their net worth. So who comes out on top?

Golfers, if you can believe it. Tiger Woods tops the Top 20 list worldwide at £538 million (~$870M), joined by Arnold Palmer at No. 4 with £230M ($370M), Greg Norman at No. 9 with £174M ($280M) and Jack Niclaus at No. 11 with £158M ($255M). But just behind them are the racing drivers.

Michael Schumacher just trails Tiger with £510 million ($824M), making him the second richest sportsman in the world, by far the wealthiest racer, and within reach of becoming the first billionaire driver in the world. Little wonder, as he's the most decorated driver the world has ever known.

Also on the list are Fernando Alonso and Kimi Raikkonen, who tie for eighteenth place (together with baseball's CC Sabathia) at £100 million ($160M) apiece. But in between these Formula One drivers sits one Dale Earnhardt, arguably the biggest name in NASCAR, who ties basketball star Kobe Bryant at sixth place with £185 million ($300M) in assets.

Now if only someone paid us that much to drive around in circles, well...we'd still probably be blogging about cars, only we'd be doing it from onboard our own mega-yachts somewhere a lot more glamorous.

As automotive enthusiasts by profession, there's nothing we love here at Autoblog quite as much as cars. But a distant second for many of us comes watches. Fortunately, there's no shortage of automotive-inspired timepieces out on the market, but the unfortunate reality for many is that the correlation is just too forced. That's what we love about Officine Autodromo.

Rather than amp up their octane count with branding associations or glossy carbon-fiber components, Autodromo takes a deliciously understated approach with minimalist designs that take their inspiration from the tachometers on Italian racing cars from the 1960s and 70s and their names from famous Italian racing circuits.

We reported on Autodromo's first collection upon its launch back in November, and now the upstart has followed up with a chronograph version of its slick Vallelunga timepiece. Upgrading on the simplicity of its lug-less case design, the Vallelunga Chronograph features the stopwatch and 30-minute counter sought by many drivers looking for more timing functions out of their wristwatch. It's powered by a a Swiss-made Ronda quartz movement, housed under K1 anti-glare crystal, affixed to the wrist by a perforated leather strap and available with either a white face and brushed stainless steel case or in black on black.

You can find further details in the press release below, but the high-res image gallery is worth checking out just for the photo shoot orchestrated in France behind the wheel of four classic Alfa Romeos and a vintage Lotus Eleven.

Baboons are curious creatures. And, thanks to their opposable thumbs, they are rather excellent at satiating that curiosity, no matter what impediments stand in their way. Apparently, that includes door handles.

Hyundai decided there was no better way to test the durability of its i30 hatchback (that's the Elantra GT here in the States) than to send it into Knowsley Safari Park, near Liverpool in the UK. Specifically, into the Baboon habitat.

As you'll see in the video after the break, the primates do their very best to rip the little hatchback to shreds, biting every surface, jumping up and down and from door to door and generally mucking about. How does the Hyundai cope with this kind of abuse? Scroll down below to find out yourself.

Bloggers we may be, but we're still fans of good old fashioned long-form journalism – or what passes for it in this day and age. Yes, digital attention deficit disorder and the failing fortunes of print publishing have combined to largely neuter the art form, but there are still some publications willing to think high concept and go out and spend some shoe-leather on stories.

Here's a good one: Car and Driver buys a used-up car to take to the auto recyclers, then traces the derelict vehicle's progression through the process of being reduced to its elements.

The magazine's choice, a 210,000-mile 1993 BMW 3 Series, is a brilliant way get us emotionally involved. The E36 is one of those cars that is just so likable, a product that was head and shoulders better than anything else in its time, that we can't help but care what happens to it once it's cast into the clutches of the salvage yard.

The story is fascinating in the way it focuses our attention on things we rarely think of when we ogle sheet metal and obsess over the performance profiles of new models. The numbers are all there too – who knew that a scrap BMW catalytic converter was worth $250?

But enough with that, just go read it for yourself at C/D's website.

What are you going to do, sue? Good luck.

This week's Superior Court verdict suggests there's little to no recourse for consumers.

As Autoblog readers likely have already learned, a Superior Court judge in California has tossed out a judgment issued by a small claims court earlier this year awarding nearly $10,000 to Honda Civic Hybrid owner Heather Peters. She had taken the Japanese maker to court claiming it used misleading advertising promising the sedan would get significantly better mileage than proved true in the real world.

In overruling the lower court, Superior Court Judge Dudley W. Gray II wrote that, "Federal regulations control the fuel economy ratings posted on vehicles and advertising claims related to those fuel economy ratings."

Well, um, no. That was my understanding, too, until I had the chance to pursue the matter with the EPA a couple years back. In fact, I was told, the law simply sets an upper limit. If the tests determine a new model gets 50 mpg – as with Peters' Civic Hybrid – that's the most a maker can advertise or use on the Monroney window sticker. But should a manufacturer like Honda realize through its own tests that the vehicle's real-world mileage might be noticeably less they can mark it down to whatever they think is valid.

Of course, who would do that? With mileage now one of the top things on the consumer's shopping list, who can blame a manufacturer for wanting to put the prettiest lipstick on a gas hog. And this week's Superior Court verdict suggests there's little to no recourse for consumers who only discover that fact after they've given it a big smooch.

---

---

Few automakers can produce the kind of sports sedans that the Germans do. And for most of the country's automakers, those performance vehicles can be recognized by one letter (or a combination of a few): M for BMW, RS for Audi, AMG for Mercedes-Benz... and R for Volkswagen. The relatively new performance division at Wolfsburg has now gotten its hands on the Passat, and these are the results.

Well, almost, but not quite. You see, this isn't a full-on R performance variant, but an R-Line model that gives the midsize sedan (and wagon) a sportier look and an upgraded suspension, but without the engine mods you'd expect to come with it.

It also isn't the same Passat as the one we get here. Ours is made in America (Chatanooga, Tennessee, to be specific). This is based on the European model, and as such is available (in Europe, anyway) in both sedan and wagon form. In either body-style, the Passat R-Line includes a new aero kit (complete with sportier bumpers front and rear, side skirts, rear diffuser and deck-lid spoiler), 17-inch alloys, a sport-tuned suspension and a cabin decked out with sports seats, stainless steel trim and a flat-bottomed steering wheel.

The R-Line model stands as a separate trim level atop the Passat range – selling for €30,225 in Germany (equivalent to about $39k) – but buyers of the Comfortline and Highline trim levels can also specify the aero kit for an extra €990 (~$1,300). Check it out in the high-res image gallery for a closer look.

Tiny city cars are becoming a big business in overseas markets. Mercedes-Benz was a pioneer in the segment with the entire Smart brand, Toyota tackles it with the iQ, Volkswagen recently launched the Up! (along with the Skoda and Seat versions that came along with it), and soon Opel and Vauxhall will, as well.

The new city car, snapped last month undergoing testing at the Nürburgring and released in this latest pair of "official" spy shots, promises to give General Motors a slice of the city-car pie. But its nameplate has left us scratching our heads. The project has at times been referred to as the Junior or the Allegra, but has now been officially confirmed to be called the Adam.

The name is an apparent nod to the company's founder, Adam Opel, and in its invasion follows the same formula as the Ferrari Enzo – albeit and the complete opposite end of the spectrum. If this emerges as a new naming trend, we should be looking forward to seeing models like the Ford Henry, Chevrolet Louis, Lamborghini Ferruccio and Porsche Ferdinand flooding showrooms in the near future. Before that, though, expect the Opel Adam to debut at the Paris Motor Show in the fall... hopefully without the camouflage.