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Shelby GT500, Camaro ZL1 and a length of empty asphalt

A few weeks ago, we were given a Ford Mustang Shelby GT500 and a Chevy Camaro ZL1. Every automotive media outlet on the planet has compared these two cars over and over again since the 2013 GT500 joined the ZL1 on the market earlier this year. Here's a summary of those hundreds of comparison tests: The Camaro handles better and the Mustang is faster in a straight line.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Peugeot Ramps Up Production For New 308

FRENCH car maker Peugeot is to crank up production of its new 308 model as demand has rocketed for the recently crowned 2014 European Car of the Year. Built at Peugeot’s Sochaux plant in France, the firm has announced it’s to add a night shift from June, with the result that 600 jobs are being created and output will increase to a total of 1,563 cars per day. The firm has said it has already taken over 60,000 orders, while the decision to up production coincides with the launch this summer of an estate version, the 308 SW.