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Vintage photos show Ford Mustang I and the elusive XD Cobra

It's hardly surprising that our readers want to share their memories of the Ford Mustang -- 50 years is a long time for an automotive nameplate to endure, and the model's upcoming 50th anniversary is as good excuse as any to look back on the experiences that have made the car an enthusiast hit. Take William Drew, who had a close encounter with pony car history when he saw the Mustang I concept, plus a rare Ghia-bodied Shelby Cobra concept, at an auto dealer in Dallas in 1970. His slides (taken with a Yashica camera, he notes) show the unusual cars in the nice, bright colors of Kodachrome.

Caterham F1 unveils its 2012 challenger

It's that time of the year when all the new 2012 F1 cars are unveiled. In the next fortnight, most of the major Formula 1 teams will announce their new race cars ready for the 2012 F1 season. The rules are changed, so are the cars.

Toyota aims for a comeback, shuffles execs

Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.