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Win-A-Shelby raffle winner gets a 624-hp GT350

After years of participating in the Win-A-Shelby Raffle, one lucky enthusiast finally drew the golden ticket at the Barrett-Jackson Orange County Auction in Costa Mesa, Calif. William Munn of Maritez, Calif., was crowned owner of the 2011 GT350 on Sunday. By buying five tickets at $100 or a single ticket for $25, participants placed their names in the drawing to win the coveted Shelby.

Volvo strikes deal for plug-in hybrid cars

Volvo Plug-in hybrid By Peter Adams Motor Industry 01 June 2009 17:15 Volvo has taken its next step towards green motoring, launching a joint venture with Swedish energy company Vattenfall to introduce plug-in hybrid cars to the market – sporting CO2 emissions as low as 50g/km. The cars, which will role out across Sweden in 2012, will be manufactured by Volvo, with Vattenfall developing the charging systems and supplying the cars with electricity. Vattenfall will be offering customers the chance to sign an agreement for renewable electricity sourced from windpower or hydropower.

Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.