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Shelby American celebrates the GT350's anniversary with a modern Mustang

Shelby American is marking the 45th anniversary of the legendary Shelby GT350 Mustang with a new version, designed for Ford's new 5.0-liter V8 in the 2011 Mustang. For those willing to plunk down $33,995--plus the cost of a new Mustang--the team at Shelby American in Las Vegas will crank out a modernized GT350. On the outside, that calls for white paint with the blue racing stripes down the center of the hood, roof and deck.

Home of NAIAS to be updated

The spiritual home of the NAIAS is set to be rejuvenated. The Cobo center in Detroit, home of the North American International Auto Show for over 24 years, is part of a $221 million project that will see it extended and renovated extensively. The Detroit Regional Convention Facility Authority have announced that many of the improvements to the Cobo center will be ready for the 2012 NAIAS, although the project is unlikely to be finished until 2014.

BMW i3 Range Extender engine adds 10% to the price

BMW i3 Range Extender engine adds 10% to the price The BMW i3 – BMW’s first foray in to a world of electric cars – was officially revealed in July – and due on sale in 2014 – and seems, by electric car standards, to be almost affordable. At a starting price of £30,680 – £25,680 after the taxpayer bribe for EV buyers – it’s no more expensive than other electric cars and does come with some clever technology – and the BMW badge – that will help it move out of showrooms. But as we reported as far back as 2011, the BMW i3 is to get a range-extender option – a small petrol engine that kicks in to recharge the batteries when they get low – which will make the i3 a much more practical proposition.