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Shelby raffles off last 50th-anniversary Cobra

Shelby is celebrating its 50th anniversary in style, first at the Detroit auto show with a few black-and-gold Shelby Mustangs, and now at the Barrett-Jackson auction in Arizona with the last example of the 50th-anniversary Shelby Cobra. The car won't be sold to the highest bidder though; it will be raffled. Tickets cost $25 apiece or five for $100.

BMW i3 & i8 EVs: BMW plan new ways to sell their ‘i’ cars

BMW are looking at new ways to sell the i3 & i8 EVs BMW has big plans for its ‘i’ cars (the i3 and i8), the BMW take on the future of motoring. But not only are BMW embracing new eco technology with the electric i3 and i8, they’re seeking to break the mould when it comes to selling too. It seems BMW think that the launch of the new ‘i’ brand is the right time to look at more modern ways of selling their cars than simply running a few adverts and having nice shiny showrooms.

Caterham to unveil 620 R at Goodwood Festival of Speed

Caterham has launched a new version of the Seven dubbed the 620 R, and it will be shown to the public for the first time this weekend at the Goodwood Festival of Speed. This new Seven uses a 2.0-liter supercharged Ford Duratec engine producing a reported 310 hp. The 620 will make the 0-60 sprint in less than 2.8 seconds and streak all the way up to a top speed of 155 mph.