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Launch control offered on 2013 Ford Mustang Shelby GT500

The list of manufacturers that offer launch control is getting a bit longer. Ford is joining Audi, BMW, Chevrolet, Ferrari, Lamborghini, Mitsubishi, Nissan, Porsche and a few boutique makers with its 2013 Shelby Mustang GT500. It's not so easy to get 662 hp down to the ground successfully, so Ford does it for you with overclocked computers and precise brake, throttle and clutch control.

Tesla to work with others, Roadster priced at £92k

By Ben Oliver Motor Industry 19 August 2008 09:21 Tesla has confirmed that it is working with several major car makers to develop affordable, fully-electric city cars, with the first going on sale as early as 2010. The established car makers will use the experience Tesla has gained developing the high-performance, £92,000 Roadster as a short cut to  getting their own electric cars on sale. 'Smaller Teslas in the pipeline' Tesla plans to have its Model S five-seat electric hatchback on sale by 2010 in both the United States and Europe.

Cash-for-clunkers clears 180,000 in sales, is poised for an extension

The cash-for-clunkers program has reached sales of more than 180,000--topped by the Toyota Corolla--as the Senate is poised to vote on an extension of the program on as soon as Thursday. The Ford Focus is the second-best-selling car under the program, and the Honda Civic, the Toyota Prius and the Camry complete the top five, according to Reuters. The top trade-ins were all domestics, including trucks from Ford and Dodge, as well as Jeep.