Video of the Day: First Look at the 2011 Shelby GT350

Fiat Supplier Coming to Auburn Hills

Fiat supplier, Magneti Marelli is investing 4.5 million into its new location over the next five years to create 200 jobs. The deal was finalized Tuesday under the new terms for tax credits that were approved by the Michigan Economic Growth Authority. Under the new system business that create jobs must pay 300 percent the federal minimum wage to be eligible for tax breaks. Employees should expect to average $1,718 a week according to the Detroit Free Press.

Magneti Marelli manufactures vehicle components like dashboards, lighting systems, and shocks. There is a strong possibility the Magneti may become a leading supplier of other North American plants for Chrysler.

-Anthony Alaniz
[Source: Left Lane News]

$15,000 Pen by Ferrari...for Bugatti?

Well not exactly by the famous car company, instead its designed by Ferrari da Varse; which has no ties to the supercar manufacturer. The Bugatti accented pen weighs 95 grams, coming with a leather and aluminum box.

The pen is made from aluminum that is plated in nickel, sterling silver, palladium, and then finally platinum. A sapphire glass window and a black Bugatti logo accent the piece along with the 18K gold nib. When writing a check for a seven figure supercar, you have to do it in style and the Ferrari/Bungatti pen does just that for only $15,000.

-Anthony Alaniz

(Photo: Bugatti Pen)

[Source: Autoblog]

Term of the Day

Subframe - A partial frame that is sometimes used in unitized construction to support the engine, transmission, and suspension.

-Anthony Alaniz

Kia Top Edmunds.com "Top Recomended Cars of 2010"

Kia took top accolades from Edmunds.com as the Kia Sedona and Soul were "Top Recommended Cars of 2010."

The Kia Soul, Kia's funky looking cube car, was recommended based on its appeal to college students and its dynamic driving style that is sporty yet controlled. The Kia Sedona won due to its above standard safety features and a high level of comfort.

The Kia Soul starts at under $14,000 while the Kia Sedona Starts at $21,245.

-Anthony Alaniz

(Photo: 2010 Kia Soul)

[Source: Kia]

2011 Shelby GT350 Released

Shelby America unveiled the 2011 GT350 in Scottsdale, Arizona last night at the opening for the Barrett-Jackson Collector car auction. "Our Shelby GT350 ruled its class at the track and was feared by GM and Chrysler on the street. Enthusiasts have anticipated the GT350's return since it went out of production in 1970. Now my band of hot rodders has created a car worthy of the name," said Carroll Shelby, founder of Shelby America.

Based off of the 2011 Mustang GT and the new, 5.0 engine, Shelby added a supercharger, with the help of Ford Racing, to boost horsepower to 500. Shelby worked with Vince LaViolette, Andrew Smidt, Walter Cardenas, and Larry Wood, former Ford and Hot Wheels designer to integrate the retro styling of the GT350 into the modern 2011 Ford Mustang GT.

Ford Racing upgraded the suspension, adding new springs, struts, sway bars, and adjustable caster/camber plates. The GT350 also has Baer six-piston front brakes and 14'' ERADISPEED rotors in the rear. Added to the retro-aggressive design of the new 2011 Mustang is a new front and rear fascia with a center exit Borla exhaust.

The upgrade from a Mustang GT to a Shelby GT350 carries a MSRP of $33,995 and does not include that price of the Mustang GT. Customers interested in the new GT350 should contact Shelby America at (702) 942-7325

-Anthony Alaniz

(Photo: 2011 Shelby GT350)

[Source: pr-inside]