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New details on Mercedes' Porsche 911 fighter

Mercedes-Benz's AMG performance-car division is forging ahead with development of its new twin-turbocharged 4.0-liter V8 powered sports car, nine months before it is scheduled to be revealed at the 2014 German Grand Prix. Known to insiders by its code name, “C190” the two-seat coupe has been conceived to follow in the wheel tracks of the four-year-old SLS at the head of the German carmaker's lineup, aiming to challenge the heady performance and everyday driving appeal of the latest Porsche 911 Turbo at a price that insiders suggest will be in the region of $160,000 when North American sales begin in early 2015. Originally, AMG's new front-engined sports car was tipped to revive the iconic SLC name first used by the SL coupe back in 1971.

Jaguar/Land Rover sale 'deadline set for July 2007'

By Jamie Butler Motor Industry 09 July 2007 11:28 Potential buyers circling Jaguar and Land Rover have until 19 July to table a bid, it was revealed at the weekend. Ford is preparing to sell both luxury car makers together, although it may consider bids to buy them separately. It is thought that the most likely buyers are private equity investors, as several car manufacturers have already publicly declined the offer to buy the historic brands.

Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.