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Get a classic car restoration scholarship

Hagerty recently announced it has teamed-up with LeMay–America’s Car Museum to help develop a new program focusing on education on vehicle restoration. This hands-on learning program has been dubbed the “Hagerty Education Program at America’s Car Museum,” and will provide scholarships as well as educational grants to students who are eager and committed to the collector-vehicle industry. Hagerty wants to carry on the success of the former Collectors Foundation, originally introduced in 2005, to continue to educate young people between the ages of 14-25 on the inner workings of the automotive preservation and restoration process.

Engineers wring 30 mpg on the highway from the 2011 Ford Mustang V6

First Ford got us excited by making some major engine upgrades to the Mustang for 2011--a 305-hp, 3.7-liter V6 and a 412-hp, 5.0-liter V8. Now it's wooing us with fuel economy, too. Ford says the V6-powered Mustang has been certified by the EPA to deliver 30-31 mpg on the highway (depending on the transmission) and 19 mpg in the city.

Audi to build cars in Mexico

Volkswagen Group has settled on Mexico as the location for a factory for Audi. The Audi supervisory board decided in favor of Mexico over a site next to VW's factory in Chattanooga, Tenn., which opened last year to build the VW Passat. The Mexico plant will provide a boost to the VW Group’s sales prospects and manufacturing operations in North America, where its light vehicle output rose 25 percent in 2011 to a record 542,363 units.