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Iacocca shows off his custom 45th-anniversary Mustang

The man behind the original Mustang--Lee Iacocca--is back with a custom-built 2009 version that celebrates 45 years of the iconic pony car. Iacocca unveiled a sleek, performance 'Stang named after himself, the Iacocca Silver 45th Anniversary Edition. It's available through Galpin Ford in Southern California and will be limited to 45 copies.

Porsche 911 Safari SUV Crossover heading for Beijing Motor Show

Porsche 911 Safari SUV Crossover heading for Beijing Motor Show Porsche anoraks bemoaned the arrival of the Porsche Cayenne SUV as a sacrilege, but its overwhelming success has allowed Porsche to garner huge profits and plough a chunk of those in to keeping the iconic 911 relevant, appealing and cutting-edge. It’s also allowed Porsche to take the Audi Q5 and turn it in to what appears to be a hugely capable and appealing baby Cayenne in the guise of the new Porsche Macan, but it seems Porsche is planning another SUV step with a model that really does seem a  step too far – a Porsche 911 SUV. Auto Bild’s Motor Revue is reporting that a Porsche 911 Safarai is heading for the Beijing Motor Show in April 2014 sporting bigger wheels and tyres and a raised suspension to deliver a 911 Crossover.

U.S. will guarantee GM, Chrysler warranties, Obama says

In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday. "Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech.