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2011 Ford Shelby GT500 Mustang gets more power, loses gas-guzzler tax

The 2011 version of the Ford Shelby GT500 Mustang carries a supercharged 5.4-liter V8 that weighs less, delivers more power and uses a unique spray-coating process that eliminates the need for cast-iron liners in the aluminum cylinder block. The 550-hp Shelby GT500 also loses something from the previous model--it's gas-guzzler tax. Ford says the new Shelby GT500 will deliver 23 mpg on the highway and 15 mpg in the city.

How the car world salutes military members and marks Veterans Day

Eddie Rickenbacker was one of the pioneers of open-wheel racing, and he later owned Indianapolis Motor Speedway. Sandwiched in between, he was one of America's most celebrated flying aces of World War I. With prowess on the track and service to his country, the aviator had four starts at Indy and won the Congressional Medal of Honor.

Chrysler reportedly set to expand Toledo assembly plant

The Chrysler Group is planning to expand its Toledo, Ohio, assembly complex, adding a second shift and more than 1,100 jobs to the operation that currently builds the Jeep Liberty and Dodge Nitro SUVs, the Toledo Blade newspaper reported Thursday. The $365 million investment could be the first of several major expansions to Chrysler's Toledo operations, which also include production of the Jeep Wrangler at the nearby Toledo North Plant, the newspaper reported. The automaker disclosed the plans in documents filed in a city tax application that will be discussed by local officials at a meeting Thursday night, the report said.