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Shelby American celebrates the GT350's anniversary with a modern Mustang

Shelby American is marking the 45th anniversary of the legendary Shelby GT350 Mustang with a new version, designed for Ford's new 5.0-liter V8 in the 2011 Mustang. For those willing to plunk down $33,995--plus the cost of a new Mustang--the team at Shelby American in Las Vegas will crank out a modernized GT350. On the outside, that calls for white paint with the blue racing stripes down the center of the hood, roof and deck.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.

Nissan teases all-new 2014 Qashqai crossover

Nissan has revealed a teaser image of the next Qashqai, the all-new second-generation version of its ground-breaking crossover, which is due to go on sale in 2014. The real thing is set to be unveiled on Thursday 7 November 2013, and Nissan is promising the new Qashqai will “redefine the crossover sector and set new standard across the board.” On Bing: see pictures of the Nissan Qashqai Find out how much a used Nissan Qashqai costs on Auto Trader This is no small matter for Nissan – in fact, the firm describes the new Qashqai as the most significant car in its modern history, the original version having defined an entirely new sector of the marketplace. If the Qashqai didn’t strictly invent the crossover concept, it certainly made it popular beyond even Nissan’s wildest dreams, offering buyers an SUV-style image with the running costs and driving dynamics of a conventional family hatchback and the practicality of a people carrier.