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The Boss is back: Iconic Ford Mustang reborn

WITH VIDEO--Soon to be thundering down an open road near you is the resurrected Ford Mustang Boss 302. Based on the 5.0-liter Mustang GT, the 2012 version of the muscle-car classic was revealed on Friday at Laguna Seca, where Parnelli Jones won the 1970 Trans-Am season opener in a Boss 302. The new Mustang builds on the iconic Bosses famous for their looks and performance in the late '60s and early '70s.

Michelin launches 2012 Challenge Design competition

What began back in 2000 as a forum for people who share a passion for vehicle design and innovation has grown to inspire thousands of entries from 96 countries. Over the past decade, Michelin Challenge Design (MCD) participants have submitted vehicle design concepts for personal and public transport addressing a broad range of geographic themes and industry issues. And now, as the 2011 program draws to a close, MCD has announced the 2012 program, which opens for pre-registration from October 1, 2010 to March 4, 2011.

Museum benefactor Margie Petersen dies

Margie Petersen, wife of automotive publishing magnate Robert E. "Pete" Petersen and the driving force behind many of the couple's generous philanthropies, died Nov. 25 after a decades-long battle with breast cancer.