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Steve Saleen is back in the Mustang business

Steve Saleen has been remaking Mustangs for almost 30 years, under one company name or another. We don't have time to list them all here. But under the current moniker, SMS Supercars (SMS stands for Steven Mark Saleen), on Friday he revealed his latest take on the Ford pony car, the 2011 SMS 302 Mustang.

Audi does Vegas

Rupert Stadler, chairman of Audi AG, became only the third car company executive to deliver a keynote address at the Consumer Electronics Show, and he did it--as all the best Toastmasters do--by starting with a joke. “When I received the invitation to speak here this year, I thought: why don't I bring a nice example of an electronic device made by Audi,” said the chair. “Ladies and gentlemen, meet the Audi E-tron Spyder concept car.

Toyota recalls the Lexus GX 460 SUV to upgrade stability software

Toyota on Monday said it is recalling about 9,400 copies of the 2010 Lexus GX 460 to update the stability-control software--just one week after Consumer Reports magazine warned that the vehicle was prone to oversteer in turns and urged its subscribers not to buy the vehicle. It's the latest in a series of gaffes that have damaged Toyota's reputation for high quality and led the automaker to recall millions of vehicles to fix problems such as sticking gas pedals. "Toyota's objective is to provide a high level of safety and quality, while meeting or surpassing governmental regulations," said Steve St.