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Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.

Robbie Maddison, Levi LaValle break records at Red Bull New Year's Eve event: Video

Now that Red Bull has its hooves in all forms of motorsport, it's fitting that for New Year's Eve, it staged a tandem record-setting jump with a motorcycle and a snowmobile. Rider Robbie Maddison and snowmobiler Levi LaValle took to the stage on Dec. 31, 2011, in San Diego to perform the dual jump.

Toyota goes on offensive, seeks 100 percent owner response to recall notice

Toyota Motor Corp., spurred by criticism that previous recalls failed to prompt enough owners to seek fixes, hopes to distribute mailings this week to the 2.3 million owners targeted in a January recall. Toyota says it will be vigilant in reaching each of the affected customers and hopes to have all repairs done within 90 days. The goal was outlined today as the automaker detailed its strategy for eliminating the possibility of unintended acceleration in the eight Toyota-brand models that were the focus of a Jan.