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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.

2014 Toyota Corolla debuts in Santa Monica

The all-new 2014 Corolla is the 11th generation of the largest-selling car in the world. Along with the Camry it's the very bread and butter of a very bread-and-butter automaker. So it's pretty important for Toyota.

The 500-hp club

Petrol heads, continue to rejoice: Car manufacturers have not ignored your cries for high-powered cars and trucks. Despite tightening emissions regulations and rising fuel costs, automakers are building an increasing number of vehicles putting out at least 500 horses. Based on our research, there are over 80 cars sold in the United States that deliver these burnout-inducing numbers (not including tuners such as Mosler or Callaway).