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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

Chrysler 200C EV unveiled at Detroit auto show 2009

By James Foxall Motor Shows 12 January 2009 13:07 With the years of elaborate stage sets and money-burning stunts such as driving cars through plate glass windows consigned firmly to the history books, Chrysler’s 2009 Detroit Motor Show stand was a sober place to be. While Ford and General Motors executives chose largely to ignore the financial crisis and government bail outs by pretending they hadn’t happened, Chrysler president Jim Press started his presentation by cracking jokes about it. He then outlined how the company – in an aggressive restructuring programme before the credit crisis – was responding.

New Mercedes B Class Hydrogen Fuel Cell delayed until 2017

Mercedes has decided to delay production of its B Class Hydrogen Fuel Cell car until 2017 as it seeks partners for economy of scale. We learnt last year that the new Mercedes B Class would spawn a version powered by a hydrogen fuel cell, and that Mercedes were planning to launch it in 2014. But that’s now been pushed back to 2017.