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First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

Tesla Model S first EV to earn high praise from Consumer Reports

Tesla Motors Inc.'s all-electric Model S sports car received the highest score in Consumer Reports' ratings -- a 99 out of 100 -- along with widespread plaudits from the magazine's automotive testing staff. The magazine said the $89,650 EV it tested "performed better, or just as well overall, as any other vehicle -- of any kind -- ever tested by Consumer Reports." The last vehicle to achieve a score of 99 in the magazine's testing was the Lexus LS 460L, which was tested in 2007. The Model S, which went on sale in 2012, also marks the first time any electric vehicle has earned a score that high, the magazine said Thursday.

Ariel Ace (2015): the new motorbike from the makers of the Atom

By Jonny Edge First Official Pictures 25 June 2014 10:47 British sports car manufacturer Ariel - best known for manufacturing the big boy’s go-kart, the Atom - has pulled the covers off its first new motorcycle in more than 50 years. The Ariel Ace bike will be priced from around £20,000, and will be manufactured in small numbers alongside the Atom sports car at the Ariel headquarters in Somerset. The Ace will build upon Ariel’s relationship with Honda by featuring its 173bhp 1237cc V4 engine and drive system.