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BMW expands Mini lineup with two-seat coupe, roadster models

Mini is celebrating the 50th anniversary of its original model by confirming plans for a new compact performance-oriented coupe. The two-seater, revealed 50 years to the day after the premiere of the first Mini back in 1959, will make its public debut at the upcoming Frankfurt auto show. At the show, the BMW-owned carmaker also will unveil a similarly styled two-seat roadster, which sources say will head into production as part of a strategy aimed at further raising the appeal of the wildly popular and iconic small car.

Ferrari apologizes for employee filmed doing donuts in China

Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a 458 Italia 20th Anniversary Special Edition on the 600-year-old Ming Dynasty wall in the city of Nanjing. The online community has been up in arms, with users of Wiebo, China's version of Twitter, being allowed to complain the loudest. Much of the anger was directed at the Chinese government, which rented the wall for the occasion at a cost of $12,000.

Shelby brings back ‘Shelby American' name for performance-car business

Carroll Shelby's performance-car business is returning to its roots. Shelby Automobiles is changing its name to Shelby American--the original banner used by his sports-car business and the historic Le Mans-winning cars in the 1960s. Shelby says the switch is in honor of the 45th anniversary of two of his most famous cars, the 427 Cobra and the Ford Mustang Shelby GT350.