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Ford Mustang Shelby GT500 certified at 662 hp!

You might recall that a few scant minutes ago, Ford had declined to confirm that the 2013 Mustang Shelby GT500 was certified by the SAE to crank out no less than 662 hp and 630 lb-ft of torque. In light of the leak, Ford has reversed its decision and decided to officially confirm the number. The rumors, apparently, were off by one foot-pound of torque.

At the Detroit Auto Show, Lincoln gets a C

Hoping to attract younger buyers, Ford's Lincoln division unveiled the Lincoln C concept at the Detroit Auto Show this week, a car Lincoln calls a big idea for a small luxury car. Ford's vision: a small, more fuel-efficient car for congested urban areas and compact parking spaces that still provides driver and passengers with luxury and comfort of larger sedans. "Modern luxury buyers who live and work in large, urban areas want to play their part in helping the environment by moving to a smaller vehicle, but they still want to enjoy the luxuries of life," said Peter Horbury, executive director of Design, The Americas.

No Logbook? No Sale

IT’S EASY to let your head rule your heart when buying a used car, but a leading industry expert is warning buyers not to part with their cash if the vehicle is missing its logbook. Used vehicle data specialists HPI says it has seen a rising number of customers fall prey to sellers passing on vehicles without a logbook, otherwise known as the V5C, leaving them vulnerable to a number of scams. Commenting on the issue, Phil Peace, Operations Director for HPI, said: “We’ve seen a number of buyers going ahead with a vehicle purchase without having seen the logbook for the vehicle.