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Iacocca shows off his custom 45th-anniversary Mustang

The man behind the original Mustang--Lee Iacocca--is back with a custom-built 2009 version that celebrates 45 years of the iconic pony car. Iacocca unveiled a sleek, performance 'Stang named after himself, the Iacocca Silver 45th Anniversary Edition. It's available through Galpin Ford in Southern California and will be limited to 45 copies.

Ferrari 458 Speciale to debut at Frankfurt motor show

Update: Preview video added below, and yes, you can hear the car's engine -- barely -- through the thumping movie trailer-like music. A new Prancing Horse is set to go public at the 2013 Frankfurt motor show: Ferrari will use the event to introduce the 458 Speciale, which will join the 458 Italia and 458 Spider at the lower end of Ferrari's range. Visually, the 2,844 lb., mid-engined 458 Speciale doesn't depart too much from the 458 Italia, though the new model gets a more aggressive fascia and a massive hood duct that -- when coupled with an apparently F1-inspired interior -- hints at the no-nonsense sporting purpose of the car.

New life for Lincoln from the ashes of Mercury

The demise of Mercury has one potentially positive outcome for the car world: a revitalization of Lincoln. News of Mercury's pending closure was paired with Ford's plans to boost Lincoln's lineup. Six new or significantly refreshed products will arrive in the next four years, and a seventh, the restyled MKX, is preparing for launch.