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New Rolls Royce marks water speed records

A POWERFUL land vehicle which pays homage to speed on water has been unveiled by Rolls-Royce. The car company showed off its limited-edition Waterspeed Phantom Drophead Coupe on the site of the original Bluebird Motor Company forever associated with the speed record-holding Campbell family. The site is now the Bluebird restaurant on the King's Road in west London, with the Bluebird company having funded Sir Malcolm Campbell's waterspeed record attempts.

Shelby raffles off last 50th-anniversary Cobra

Shelby is celebrating its 50th anniversary in style, first at the Detroit auto show with a few black-and-gold Shelby Mustangs, and now at the Barrett-Jackson auction in Arizona with the last example of the 50th-anniversary Shelby Cobra. The car won't be sold to the highest bidder though; it will be raffled. Tickets cost $25 apiece or five for $100.

In NYC's cab contest, vans aim to be seen

Nissan North America Inc., Ford Motor Co. and a little-known Turkish vehicle manufacturer are in a three-way competition to supply the next generation of taxis to New York City. The winner will snare a large fleet deal: more than 13,000 vehicles delivered over the next three to five years, with a 10-year exclusive agreement from the city.