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Carroll Shelby's AC Cobra to be auctioned

A limited-production 1965 Shelby Cobra 427 CSX1001 will be available at the Russo and Steele Collector Automobile Auction in Scottsdale, Ariz., Jan. 19-23, 2011. This vehicle is one of 12 in the CSX1000 series to have an AC-built body.

Malcontent growing over lack of roads policing

MOTORISTS are not just frustrated by the lack of police presence on Britain’s roads – they now believe there is little chance of law-breakers being caught and prosecuted. The RAC Report on Motoring 2014 reveals many motorists in 21st century Britain think there is little risk of being caught breaking the law at the wheel. Two in five drivers (40%) believe anyone committing common offences such as texting at the wheel of either a moving or stationary vehicle, aggressive driving, tailgating, middle lane hogging on the motorway or undertaking would more than likely get away with it.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.