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2011 Ford Shelby GT500 Mustang gets more power, loses gas-guzzler tax

The 2011 version of the Ford Shelby GT500 Mustang carries a supercharged 5.4-liter V8 that weighs less, delivers more power and uses a unique spray-coating process that eliminates the need for cast-iron liners in the aluminum cylinder block. The 550-hp Shelby GT500 also loses something from the previous model--it's gas-guzzler tax. Ford says the new Shelby GT500 will deliver 23 mpg on the highway and 15 mpg in the city.

Smaller Mercedes SLS confirmed, and with front-mounted V8 too

Baby Mercedes SLS AMG - or at least how it could have looked if mid-engined We’ve believed for some time that Mercedes were planning a smaller version of the SLS, but so far there’s been no official word. But that’s now changed, with AMG’s Christoph Jung telling AutoExpress that Mercedes and AMG are currently working on a smaller SLS, to go head-to-head with cars like the Porsche 911 and Audi R8. Interestingly, we’d thought that Mercedes would go the route of a mid-engined two-seater for the baby SLS, and that it would probably get a turbo V6. But it would appear not.

To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.