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2013 Ford Mustang Shelby GT500 to appear at Goodwood

On Wednesday we told you about the Mazda MX-5 GT concept that will be featured at the Goodwood Festival of Speed. On Thursday, Ford announced that its new Mustang Shelby GT500 will be taking a turn on the famous hillclimb circuit as well. Goodwood will be the GT500's first appearance outside of the United States.

Kia, Chrysler, VW set pace as December sales advance 9 percent

Kia, Chrysler and Volkswagen posted some of the strongest sales gains for December as the industry closed out 2011 on a high note. Automotive News estimates December volume was up 9 percent to 1.24 million from a year earlier--in line with analysts' forecasts. Total industry sales were projected at 12.78 million for the year, up from 2010's total of 11.6 million and the 27-year low of 10.4 million in 2009.

Europe inches towards CO2 deal

By Tim Pollard Motor Industry 24 November 2008 17:29 The European Union is close to agreement on a radically lower CO2 limit to apply to all new cars, diplomats indicated today. The EU’s 27 governments are set to agree a Europe-wide limit of 130g/km as a new-car average by 2015, according to sources in Brussels. The deal is likely to start from 2012, with full compliance three years later.