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The 1967 Shelby GT350 and GT500 are here!

The 1967 model year saw the introduction of a redesigned Ford Mustang that was slightly larger and heavier than the first pony cars. Bloat, it seems, has been around forever. But it wasn't all bad: '67 'Stangs got those crisp, fastback lines immortalized in "Bullitt" and yes, the remake of "Gone in 60 Seconds." Plus, the Mustang's increased size meant you could wedge a big-block motor under the hood, and that's exactly what Shelby American did with the GT500.

Giugiaro honored in Korean ceremony

Giorgetto Giugiaro has received honors from the South Korean Government for his contribution to the nation's fledgling automotive industry.  In a ceremony in Seoul, Giugiaro received the prestigious 'Order of Merit' from the President of the Republic of Korea, Lee Myung-bak. The relationship between Italdesign Giugiaro and Korea stretches back to the 1970s, a period of significant growth for the Korean nation, stifled only by its lackluster automotive industry.  It fell to the Italian designer to invigorate an industry that survived on reassembling and rebranding foreign domestic models. Giugiaro's solution was the simple Hyundai Pony.

Peugeot 208 GTi price from £18,895

Peugeot has revealed that the new 208 GTI will cost from £18,895, with the order book for the 208 GTi opening in March. That price will be £18,895 – almost £2k more than the new Fiesta ST - and includes the usual GTi stuff like 17″ alloys, new grill, LED running lights, twin exhausts, leather and cloth upholstery, red trim details, DAB, rear parking and a smattering of GTi badges. Peugeot also say that the 208 GTi has been fettled to make it a more sporty prospect than the standard 208, with retuned suspension and wider track.