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A new batch of Ford Mustang Cobra Jets is on the way to racers

The 40th Anniversary 2008 Mustang Cobra Jet, announced about a year ago, has been such a huge success for Ford Racing that the company will build a 2010 model, available later this year. Like the '08 CJ, just 50 examples of the turnkey race car will be built, the minimum number to homologate the car for competition in National Hot Rod Association events. An '08 Cobra Jet won its inaugural event in the Stock Eliminator Class in February at the NHRA Winternationals in Pomona, Calif., just as the original 1968 Cobra Jet did.

Ford Everest concept

Ford has unveiled its new Everest SUV concept at a Go Further event in Sydney, Australia. It's set to challenge other cars such as Holden's Colorado 7 and the Mitsubishi Challenger. Created by Ford's Australian design and production development team, the concept – a seven-seat version of the Ranger ute (pickup) – previews an SUV that's likely to be on sale within the next two years.

Chevrolet City Express priced at $22,950

Chevrolet has released pricing for the 2015 City Express urban work van, which debuted at the 2014 Chicago Auto Show just a couple months ago. The van is Chevy's answer to the Ford Transit Connect, and is actually based on the Nissan NV200. The Chevrolet City Express will start at $22,950 when it goes on sale in early fall, and will be powered by a 2.0-liter dual-overhead cam inline-four making 131 hp and 139 lb-ft of torque.