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Ford Mustang celebrates 48 years

On April 17, 1964, at the World's Fair in New York, Henry Ford II brought the world its first pony car, the Ford Mustang. In a move that would never be possible today, cars were taken to dealerships for sale prior to the reveal. Ford sold 22,000 units on day one.

Huayra paves the way for Pagani sales in the U.S.

The Pagani Huayra will pave the way for the Italian company to begin selling its cars in the United States later this year. Pagani Automobili said on Monday that the 700-hp Huayra will be sold through a network of dealers. But it did not say how many dealerships it would have, where they would be located and when sales would start.

Ford Freestyle under investigation for low-speed surges

The National Highway Traffic Safety Administration is investigating the Ford Freestyle wagon for complaints that it surges forward at low speeds. More than 200 complaints have been lodged about the issue, alleging that the Freestyle jumps forward at low speeds even when the accelerator isn't pressed. NHTSA is investigating about 170,000 Freestyles in model years 2005 through 2007.