1969 Ford Torino 351w 2 Barrel Carburetor Mercury Cyclone Mustang Cougar 1968 on 2040-parts.com

1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

GM's Lutz to retire May 1

General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.

VW Touareg gets new engines and new edition

[ad#ad-1] All the big 4x4s are struggling as people perceive them as ‘Devil Cars’ after the recent explosion in fuel prices around the world. And sadly, that sentiment seems to have stuck around, even though oil is now at a price last seen years ago. There’s nought so fickle as folk.