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Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.

KTM halts production of the X-Bow two-seater as inventory grows

With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.

Fly to Timbuktu – in a car

The Parajet Skycar - Flying from London to Timbutu We’ve been expecting flying cars to be the norm since the early 1920s sci-fi films that had everyone flying around the place in their very own sky buggy. But, despite countless efforts to make them a reality, they have never really happened. But a London company, Parajet, has just announced the launch of an expedition to ‘Fly’ to Timbuktu from London in their ‘Flying Car’.