1,088-hp electric Concept One nears production

We haven't heard much about the Rimac Concept One lately, but that could be about to change. The Croatian-born electric supercar is back in the news this week after its parent company landed an $11-million investment. The Concept One is the brainchild of 26-year-old CEO Mate Rimac, who claims he didn't want to build the best electric car in the world.

Shelby American to host Shelby Vegas bash

The 2014 Shelby Vegas Bash is set to begin April 14, leading right into the 50th birthday celebration of the Mustang Club of America. “With the Shelby Vegas Bash leading into the MCA 50th birthday celebration, we're expecting this year to be bigger and better than ever,” said Joe Conway, CEO of Shelby American. “This will be the first opportunity to host Shelby members and enthusiasts at our new world headquarters in the heart of Las Vegas.” The Pacific Coast Team Shelby Region will start the event with a 300-mile drive from Palm Springs, Calif., to the Shelby headquarters, which will have many cars on display, along with live music and a meet and greet.

Ford begins Daventry site transformation

FORD IS to invest millions of pounds in a new, state-of-the-art training facility on its existing site in Daventry, Northamptonshire, as part of a wider forward-looking programme. The new site will merge the capabilities of two existing Ford colleges – the Technical Training Centre located separately at Daventry, and the Henry Ford College in Loughborough, which provides training for technicians, sales staff and management throughout Ford’s national dealer network. Scheduled to open next year, the brand-new centre will replace the existing facilities to become a centre of excellence for training across the country.