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Redesigned Ford Mustang scores high mpg for V8

Completing the fuel-economy story for the redesigned 2011 Mustang, Ford said on Tuesday that the V8-powered pony car is rated at 26 mpg on the highway and 17 mpg in city driving. That compares with a 16 mpg/24 mpg city/highway rating for the 2010 Mustang. The highway rating was achieved with the six-speed manual transmission.

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Aston Martin unveils 2009 Le Mans challenger: first official pictures

By Ben Pulman First Official Pictures 27 January 2009 09:50 Those plucky Brits. This is Aston Martin’s new petrol-powered LMP1 Le Mans contender, designed to take on the diesel might of Peugeot's 908 and Audi's new R15. Aston is aiming for the overall win at the legendary 24-hour race on 13-14 June 2009, 50 years after Carroll Shelby and Roy Salvadori drove a DBR1 to victory. Aston’s new LMP1 car is based on the Lola-developed 2008 Charouz Racing Aston Martin that came ninth at Le Mans in 2008. For '09 the car has been further tweaked with help from Lola, Michelin, Koni and BBS.