Ford caps orders on '11 Shelby Mustang GT500

Time is running out to get a 2011 Ford Shelby Mustang GT500. More than 3,300 orders have been placed for the instant icon--arguably the best ‘Stang ever--and Ford is capping orders for this model year at 5,500. Do the math: That means 2,200 or fewer remain.

Russo and Steele auction reopens on Sunday

The Russo and Steele collector-car auction in Scottsdale, Ariz., will reopen on Sunday morning, and the firm will hold auction sessions on Sunday and Monday. The auction was closed Friday and Saturday after high winds on Thursday night ripped two tents from their anchors. Some cars on the site were damaged by debris or rain.

Revolutionizing the BMW M3

BMW is less than a year away from officially revealing the fifth generation of the menacing M3, the first to receive turbocharged six-cylinder power. The performance sedan, code-named F80, is expected to appear as a lightly veiled concept at the 2013 Geneva motor show, debuting the appearance and mechanical package of the M division's eagerly anticipated Mercedes-Benz C63 AMG rival. A showroom-ready version with a production interior arrives at next year's Frankfurt motor show, BMW sources say.