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Shelby American to host Shelby Vegas bash

The 2014 Shelby Vegas Bash is set to begin April 14, leading right into the 50th birthday celebration of the Mustang Club of America. “With the Shelby Vegas Bash leading into the MCA 50th birthday celebration, we're expecting this year to be bigger and better than ever,” said Joe Conway, CEO of Shelby American. “This will be the first opportunity to host Shelby members and enthusiasts at our new world headquarters in the heart of Las Vegas.” The Pacific Coast Team Shelby Region will start the event with a 300-mile drive from Palm Springs, Calif., to the Shelby headquarters, which will have many cars on display, along with live music and a meet and greet.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

Ferrari 458 Spider & Ferrari California 30 debut at the Goodwood Festival of Speed

The Ferrari 458 Spider and the new California 30 have made their UK debut at the Goodwood Festival of Speed. The hugely appealing Ferrari 458 Spider has made its UK debut at the 2012 Goodwood Festival of Speed alongside the new, more powerful California – the Ferrari California 30. The new 458 Spider – which, if you could still see the engine at the back, would make you wonder who would still but the 458 Coupe – gets a very clever, fully retractable aluminium hard top which is a full 25kg lighter than a comparable cloth top.