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Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.

Detroit convention center to get upgrades for auto show

For now, the Motor City will retain its spot on the calendar of international auto shows, as plans to upgrade the aging convention center where it's held annually will move forward. A $300 million deal to renovate and expand the nearly 50-year-old Cobo Center in Detroit is set to proceed after an Aug. 1 deadline to scuttle the plan passed without opposition from local officials.

Puncture-proof car tyres 'within five years'

FORGET run-flat tyres – soon we'll be driving on un-puncturable tyres with no air in them at all. Tyre maker Bridgestone has announced plans to have its AirFree concept tyre installed on road-going cars within three to five years. The company made the announcement at a special event at its headquarters in Tokyo.