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Ford launches Cobra Jet and Boss Mustangs

Two new potent Mustangs that channel the past but pack serious modern muscle will soon be available for enthusiasts. Ford revealed the 2012 M-FR500 Cobra Jet Mustang for drag racing at the Performance Racing Industry Show in Orlando on Thursday. For road racers, the Blue Oval is adding the 2011 Mustang Boss 302S.

Hennessey HPE700 Twin Turbo Corvette to bow in Boca

If you saw the 455-hp Chevy Corvette Stingray and thought, “I’ll hang on to my money for something faster,” and then you saw the 625-hp Corvette Z06, and said, “It’s a little too wild-looking for me,” the Hennessey HPE700 Twin Turbo Corvette might be just right The Texas-based tuner will reveal its latest, surprisingly tasteful offering at the Boca Raton Hangar Party that kicks off the Boca Raton Concours on Feb. 21. Hennessey claims 707 hp at 6,400 rpm along with 661 lb-ft of pavement-shredding torque in this new modified ‘Vette.

Chrysler reveals new 2014 Jeep Cherokee

Chrysler Group revealed photographs and the name of its replacement for the Jeep Liberty on Friday after unofficial photographs of the 2014 Jeep Cherokee showed up earlier in the day. The automaker had hoped to keep the mid-size SUV -- and its name -- secret until a planned reveal at the New York auto show in late March. However, photos of several 2014 Cherokees taken during pre-production at Chrysler's Toledo North Assembly plant were unveiled Friday morning on the site Jalopnik.com.