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European car sales down 9.6% Jan 2013. VW Golf sales down 17.8%

Car sales in Europe continue to decline with sales down 9.6% in January 2013 and the top-selling VW Golf down by 17.8%. In fact, the UK was the only top five market to increase sales, with Germany down 8.6 per cent, France down 15.1 per cent, Italy down 17.6 per cent and Spain 9.2 per cent. Other notable drops included the Netherlands which saw a huge drop of 30.4 per cent, partly driven by tighter emission boundaries on company car taxation.

Ford gets the 1965 Mustang ready for the racetrack

When a pair of 1965 Ford Mustangs served as pace cars for the 1964 Indianapolis 500, the car -- which had made its debut just a few weeks before -- was kicking off an exciting motorsports career that continues to this day. In the April 25, 1964, issue of Competition Press and Autoweek, we shared news (relayed to us by none other than Lee Iacocca) of the Mustang's racing ambitions. At the time, the competition schedule included the Midnight Sun road rally in Sweden, the Alpine rally in France and Spa-Sofia-Liege rally, which ran between Belgium and Yugoslavia.

Ariel Atom 700 is a turbo-supercharged 700-hp track weapon

If you're willing to ditch sleek supercar looks and just about every automotive creature comfort in the pursuit of pure performance, you might consider the Ariel Atom 3. Powered by a 2.4-liter Honda I4 engine cradled in an exoskeletonlike frame, the Atom 3 boasts a 0-to-60-mph time of just 2.9 seconds But maybe those performance numbers just aren't enough for you. If so, Piedmont, S.C.-based DDMWorks might have a solution.