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Detroit auto show: Ford Mustang Boss 302R breaks cover

Some 40 years after Parnelli Jones drove a Bud Moore-built Boss 302 Mustang to the Trans-Am championship, Ford Racing has unleashed a new Boss 302R. The new Boss is an off-road-only Mustang that comes from the factory race-ready. Each of the limited-to-50 cars will come fitted with a 5.0-liter four-valve V8 and six-speed manual transmission.

AUCTION GOES BANANAS FOR CLASSIC VW

A VINTAGE 1950s Volkswagen Beetle owned by a pensioner will go under the hammer at an auction later this month. The classic car, which has picked up a number of awards, is expected to fetch around £9,000 when it appears alongside a selection of rare art and antiques in the McTear's Collectables sale in Glasgow on September 29. The 1953 Beetle, which is a 1200 Deluxe model, has been in the hands of 72-year-old Willie Black since 1966, the same year that VW gave it the Best Beetle in Britain accolade.

European car sales crash

Renault saw its sales fall 23.7 per cent in February Car sales across Europe have fallen nearly 10 per cent in the economic gloom, with Renault, Peugeot Citroen, Fiat and Opel the big losers. There’s been a big decline in new car sales across Europe in February, with monthly sales down almost ten per cent compared to 2011, and it’s the mainstream car makers who are suffering the most. Sales for Renault are down by a massive 23.7 per cent to 86,402, Peugeot Citroen did almost as badly with a drop of 16.5 per cent to 118,381 and Fiat suffered the same percentage drop with sales of 66,249 (Alfa Romeo sales actually fell by 28.5 per cent).