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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.

Tata ramps up production of Nano to boost slow sales

Tata is cranking up supply of the Nano in India to counter sluggish sales. Until now, supply has been pretty limited with sales most months struggling to break beyond four figures; hardly the breakthrough expected from the widely hyped cheapest car in the world. A new plant in Sanand recently came on stream and it has a capacity of 250,000 cars a year.

New Hyundai Santa Fe Prices and spec revealed

Hyundai has revealed prices for the 2013 Santa Fe, which moves upmarket with new looks and new pricing. Starts at £25,495. The new Hyundai Santa Fe (which isn’t the new ix45) seems a long way on from the boxy, almost utilitarian, current Santa Fe with its take on Hyundai’s Fluidic design mantra, now dubbed ‘Storm’, making the new Santa Fe look a much more premium offering than the current model.