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Could Michelin’s Active Wheel truly transform the car?

Cars today have evolved and been refined to an extraordinary degree, but carmakers – and car designers – are still always looking for ‘the next big thing'. Yet despite a myriad of recent technical innovations, ask the man on the street what is the problem with cars of today, and he'll likely reply along the lines of "they all look the same". Mass production processes, packaging requirements and safety and regulatory constraints are just a few of the reasons why it is hard to make a car that looks truly different.

Nissan wins New York taxi bid

Nissan won the fight for an exclusive 10-year contract to design and supply the next generation of taxis for New York City, starting in 2013. "The new taxis will be custom-designed to meet the specific demands of carrying 600,000 passengers a day in New York City traffic," Mayor Michael Bloomberg said Tuesday. "The vehicle meets the top priorities identified by the public in our online survey." Nissan was battling Ford Motor Co.

First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.