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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.

Lexus IS 250 Advance & 200d Advance announced

The Lexus IS 200d Advance We should cherish the Lexus IS. No, not because it’s a Lexus – although the Lexus fixtures, fittings and build quality do make it score highly on many a car buyer’s radar – but because it’s NOT got Hobson’s choice on the engine front. You can actually opt for a real ICE engine and – shock, horror – a proper gearbox.

Bill Ford outlines 'Blueprint for Mobility' vision [w/video]

Ford Motor Company Executive Chairman Bill Ford outlined a plan this week to develop connected cars to combat congestion on the roads in the future. His speech at the Mobile World Congress in Barcelona, Spain was the first ever to be delivered at the annual communications industry event by an automotive industry executive. TED was there to capture the event on video (see left).