65-66 Corvette Big Block Valve Covers 427-396 - Original Survivors on 2040-parts.com

First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

Chrysler races to upgrade its lineup

In a bid to improve its lineup before a fleet of new Fiat-based vehicles arrives in 2012, Chrysler Group is rushing new features and equipment into 15 reworked vehicles. The equipment, such as a Fiat dual-clutch, six-speed transmission and a new Chrysler V6, will boost fuel economy, improve driving dynamics and spiff up drab interiors, all areas in which Chrysler has fared poorly in consumer surveys. All the vehicles will be on sale by the first quarter of next year.

Mandelson to announce help for car makers

Lord Mandelson is the man charged with finding ways to fund UK Car purchases (yes, he of the dodgy mortgage debacle – at least he should know a few tricks!) as the credit crunch has dried up funding, leading to an unprecedented drop in new car sales in the UK. Mandelson is due to make a statement in the Lords just after 3pm today, outlining the help the government is going to offer to ailing car makers. Central to this package is expected to be a funding channel directly from the Bank of England to inject liquidity in to the car financing sector.