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UPDATE: Jack Roush, injured in plane crash, transferred to Mayo Clinic

Jack Roush was transferred on Wednesday evening to the Mayo Clinic in Rochester, Minn., to receive treatment for facial injures sustained in a plane crash, his company said. Roush, 68, is co-owner of Roush-Fenway Racing and chairman of Roush Enterprises, a supplier most famous for customizing Ford Mustangs. He crashed his plane during landing on Tuesday at an airport in Oshkosh, Wis.

Auctioneer Celebrates 50 Years of Ford's Mustang With Sale of Rare Coupe

AS Ford’s iconic Mustang celebrates its 50th anniversary, a1964 Mustang 1/2 Coupe, produced as part of the earliest production run of the iconic car, is ready to go under the hammer at Silverstone Auctions’ May Sale on May 24th. Regarded as the purest of all Mustangs, this rare car, estimated between £14,000 to £18,000, was built at Ford's Dearborn Michigan plant on 26th June 1964. Crucially it still has its original 260CI V8 Engine and Cruise-O-Matic transmission.

News watch January 2013: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 18 January 2013• Mazda Motor Corporation (Mazda) and Fiat Group Automobiles S.p.A. (Fiat) announced today the signing of the Final Agreement which will see Mazda produce an open-top two-seater sports car for Fiat’s Alfa Romeo brand at its Hiroshima, Japan, plant starting from 2015 (Mazda) Thursday 17 January 2013•  Mark Reuss, North American chief of General Motors, has jumped to the defence of Electric vehicles and said he is not giving up on them despite struggling sales in 2012.