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Auctioneer Celebrates 50 Years of Ford's Mustang With Sale of Rare Coupe

AS Ford’s iconic Mustang celebrates its 50th anniversary, a1964 Mustang 1/2 Coupe, produced as part of the earliest production run of the iconic car, is ready to go under the hammer at Silverstone Auctions’ May Sale on May 24th. Regarded as the purest of all Mustangs, this rare car, estimated between £14,000 to £18,000, was built at Ford's Dearborn Michigan plant on 26th June 1964. Crucially it still has its original 260CI V8 Engine and Cruise-O-Matic transmission.

Robert Kidder, former Duracell chief, to head new Chrysler as chairman

Business consultant Robert Kidder is set to become the new chairman of Chrysler Group when it emerges from bankruptcy. Kidder, 64, will replace Bob Nardelli, who was hired in 2007 after Daimler sold Chrysler to private equity group Cerberus. A new board of directors, to be formed after bankruptcy, will hire a new CEO for Chrysler.

Design Contest: LA Auto Show previews 2006 Design Challenge

Dec 2, 2005 - The Los Angeles Auto Show has revealed entries for the second annual Design Challenge, part of the 'Design Los Angeles' automobile designers conference. Now in its second year, the conference bridges designers interests by providing workshops, leading design speakers and the opportunity to address common issues. More than 400 designers attended last year's inaugural event.