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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.

Ferrari and watchmaker Hublot ink long-term deal

Saturday under cloudy Florentine skies, Ferrari president Luca Cordero di Montezemolo and Jean-Claude Biver, CEO of Hublot S.A., arrived at Autodromo Internazionale del Mugello, the practice track for Scuderia Ferrari, to make an announcement bright with promise: For the third time since its founding, Ferrari will enter into a long-term timepiece collaboration, this go-around with Hublot. The freshly inked five-year partnership technically commences in January, but both Montezemolo and Biver were almost giddy of Saturday's announcement and indicated that prototypes were under way. Officially Hublot will be the “watch and timekeeper of Ferrari,” as well as the “timekeeper of Scuderia Ferrari,” the company's racing arm.

Lamborghini Estoque still possible despite Urus SUV

Lamborghini Estoque Despite the reveal of the Lamborghini Urus SUV at the Beijing Motor Show this week, Lamborghini boss Stefan Winkelmann still wants the Estoque. It’s been a much debated subject for years: what should Lamborghini’s third model be? Should it be the super saloon Lamborghini Estoque or a super SUV aimed at China?