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Shelby brings back ‘Shelby American' name for performance-car business

Carroll Shelby's performance-car business is returning to its roots. Shelby Automobiles is changing its name to Shelby American--the original banner used by his sports-car business and the historic Le Mans-winning cars in the 1960s. Shelby says the switch is in honor of the 45th anniversary of two of his most famous cars, the 427 Cobra and the Ford Mustang Shelby GT350.

McLaren F1 LM Prototype on show at Geneva Motor Show

The McLaren F1 LM Prototype is heading for display at the Geneva Motor Show as McLaren try to out do Ferrari in the history stakes. McLaren are taking the prototype for the F1 LM – the McLaren XP1 LM – to Geneva for its first ever trip outside the UK (it’s owned by McLaren and was promised to Lewis Hamilton if he won three F1 world championships with McLaren. He didn’t) and will have it on show as part of McLaren’s 50th anniversary celebrations.

EV maker Coda trims staff

Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.