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Special Ford Mustang honors Iacocca's pony car

Nearly 20 years after Lee Iacocca retired--and 45 years after he helped launch America's first pony car--the former Ford and Chrysler exec is attaching his visage to this: the Iacocca Silver 45th Anniversary Edition Ford Mustang. Planned for a limited run of only 45 units, the "I" edition features 5 hp more than stock from the Ford 4.6-liter V8; a 400-hp supercharged version is optional. Ford Racing suspension is standard, while 14-inch Ford Racing brakes are optional.

Ariel's Atom returns faster than ever

BRITISH firm Ariel has announced an upgraded version of its sensational Atom sportscar that is faster than ever, making it one of the quickest cars on sale today. The Atom 3.5R showcases a number of upgrades over the outgoing model which contribute to the sensational performance. The 2.0-litre Honda V-TEC engine has had its supercharger revised to give 350bhp and over 240lb.ft of torque, while the gearbox is now a six-speed paddleshift system that can manage five downshifts in less than a second.

Families spending less on transport - new figures revealed

THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.