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Ford to sell two concepts at auction

Amongst the numerous one-off concept cars and rare historic vehicles set to be auctioned off at the forthcoming RM Auctions sale in Monterey, California, Ford has contributed two of its own unique concept cars to be sold. All proceeds of the sale will go to the Juvenile Diabetes Research Foundation (JDRF) charity. The race-inspired 2005 Ford Shelby GR-1 concept and the 2001 Thunderbird Sports Roadster concept will be presented by the world's largest collector car auction house on August 19th in California as part of its Monterey sale. It is believed that the 2001 Shelby will sell for between $150,000 and $200,000 while the 2001 Thunderbird concept will fetch between $125,000–$175,000. There will be no reserve on the cars.

Nissan Juke R takes to the track on video

The road-legal Nissan Juke R may never be built, but today Nissan showed off its the GT-R-powered Juke performing on track.  It's a madcap one-off Juke pepped up with the GT-R's 523bhp 3.8-litre twin-turbo V6. The video below was recorded at the MIRA track in Warwickshire, as engineers had a chance to fine-tune the chassis.

White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.