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'Flip-Top' Shelby Cobra headed for auction block

Bidders who make the trip to RM Auctions' Arizona sale in January will have the chance to buy the "Flip-Top" 1964 Shelby Cobra 427 prototype. The car is noted for its forward-hinged hood and rear-hinged deck. Race driver Ken Miles led the design, build and development of the unique car, which carries serial number CSX 2196.

Saab 9-3 back with a petrol engine?

When National Electric Vehicle Sweden (NEVS) bought Saab they planned to produce electric Saabs. But now they’re looking at relaunching the 9-3 with an ICE engine. Finally, after what seemed decades of trying to find a way to divest itself of Saab, GM agreed a deal with National Electric Vehicle Sweden (NEVS) to take the reluctant Griffin down the dead-end route of mainstream electric cars.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.