Harley Davidson Helmet on 2040-parts.com

Ford salutes Carroll Shelby with 850-hp GT500 Cobra

The “friends of Carroll Shelby” are saluting the late automotive pioneer with a remarkable, one-off 850-hp GT500 Cobra that was revealed Friday at the Monterey Motorsports Reunion. Ford Motor Co., Shelby American, Ford Racing and others collaborated on the omnipotent machine, styled in the blue and white colors of the legendary Cobras of the 1960s. It gets a wide body kit, high-performance 13-inch-wide rear wheels and a 4.0-liter Ford Racing supercharger that lifts output from the GT500's usual level of 662 hp.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

Chevrolet Sonic gets $14,495 base price

The new Chevrolet Sonic small car--which replaces the Aveo in Chevy's lineup--carries a base price of $14,495 for the sedan and $15,395 for the hatchback, including shipping charges, when it goes on sale this fall. The 2012 Chevy Sonic sticker price is a jump of $2,249 to $3,005 above the 2011 Aveo, but the Sonic is a new design that includes more standard equipment. It rides on General Motors' new Gamma platform.