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Iacocca shows off his custom 45th-anniversary Mustang

The man behind the original Mustang--Lee Iacocca--is back with a custom-built 2009 version that celebrates 45 years of the iconic pony car. Iacocca unveiled a sleek, performance 'Stang named after himself, the Iacocca Silver 45th Anniversary Edition. It's available through Galpin Ford in Southern California and will be limited to 45 copies.

Ford recalls Fusion and Milan sedans for wheel-stud problems

Ford is recalling 128,616 Ford Fusion and Mercury Milan sedans for faulty wheel lugs. The recall affects cars from the 2010 and 2011 model years that have steel wheels. The National Highway Traffic Safety Administration says vibration in the studs can cause them to crack or break, possibly resulting in the wheel falling off.

Saab 92 coming – it just needs a platform

The original 1950s Saab 92 Victor Muller – the man who saved Saab from GM’s closure plans – wants the company to build a compact premium car, something we’ve know since before he managed to close the deal to take on the troubled Swede. And it looks like that’s close to being confirmed as Victor declares that the decision will be made in the next 100 days. Which sounds to us as if there is a deal in progress with another manufacturer to supply a platform.