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Carroll Shelby tribute draws 1,200 people

At approximately 6:55 p.m. Pacific Standard Time on Wednesday, May 30, around the world, the engines of several thousand Shelby Mustangs, Cobras, GT40s and even a few Series 1s cranked to life and roared their terrible roars in tribute to their fallen maker, Carroll Shelby. “I've got friends in South Africa who are firing theirs up right now,” said a Shelby Mustang owner, standing amidst a sea of the barking beasts parked on the roof of the Petersen Automotive Museum in Los Angeles.

Tesla unveils Model S electric saloon (2009)

By Ben Oliver First Official Pictures 27 March 2009 09:00 Tesla last night launched the Model S, a seven-seat electric hatchback capable of 60mph in 5.5 seconds, with a range of up to 300 miles and a charging time as low as 45 minutes. When it goes into production in 2011 the Tesla Model S will cost US buyers around $50,000 (£34,600) after a federal tax credit. Without a tax break, European buyers can expect to pay closer to £50,000.

Fisker delays Atlantic production start to 2014-2015

Fisker Automotive will start production of the Atlantic in late 2014 or 2015, according to a Reuters report. That's two years later than the planned production start of the midsized gasoline-electric sedan. “The Atlantic is really the volume car that begins to build growth,” Fisker CEO Tony Posawatz said during a conference call with investors and analysts.