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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.

Porsche details plan for new headquarters, test track next to Atlanta airport

Porsche Cars North America will spend between $80 million and $100 million to build a new headquarters and test-track complex next to Atlanta's Hartsfield-Jackson airport, the automaker said on Thursday. The site in Hapevlle, Ga., is where the Ford Motor Co. assembly plant that built the Ford Taurus and the Mercury Sable used to stand.

Club members get first choice for collector's-edition Fiat 500

Attendees of this year's Club Fiat-Lancia Unlimited national convention--also known as the "Fiat Freak Out"--were rewarded for their devotion to the Italian automaker. During the convention's closing dinner, the Fiat fans were given first dibs on the Fiat Cinquecento Prima Edizione, a collector's edition of the U.S.-bound Fiat 500. Only 500 Prima Edizione models will be sold in the United States.