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Ford demonstrates Mustang's new Line Lock burnout feature

Been saving your pennies for a 2015 Ford Mustang? Put in a few extra shifts or some overtime? Got a great down payment ready? Well, however much you saved for your new pony car, start saving more - you'll need the extra money to spend on tires.
That's because the Mustang will come with a system called Line Lock, which can lock the front brakes electronically, allowing drivers to perform big, dumb, smoky burnouts without moving so much as an inch. It's sort of like launch control, only the average driver might actually use it.
Now, line locks aren't uncommon, particularly in drag racing. Usually, a flip of the switch locks the front brakes. The Mustang, besides offering the system from the factory which is unique in and of itself, looks a bit more involved.

DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal

Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, Toyota and Chrysler spending up to $5 billion on inflated parts and driving up prices on 25 million vehicles has sent the DoJ hustling into investigations. "The conduct this investigation uncovered involved more than a dozen separate conspiracies aimed at the U.S. economy," Attorney General Eric Holder (pictured above) said during yesterday's press conference.
As the investigation stands, the DoJ has issued $1.6 billion in fines against 20 companies and 21 individual executives, with 17 of the execs headed to prison. Deputy Assistant Attorney General Scott Hammond said, "The breadth of the conspiracies brought to light today are as egregious as they are pervasive. They involve more than a dozen separate conspiracies operating independently but all sharing in common that they targeted US automotive manufacturers."
Big-name suppliers indicted in the investigation include Mitsubishi Electric, Mitsubishi Heavy Industries, Hitachi Automotive and Mitsuba Corporation. A list of fines and other corporations named in the investigation is available at Bloomberg.

2015 Shelby GT350 Mustang sounds racy as it revs [UPDATE]

UPDATE: It seems as though the GT350 exhaust was just too hot for YouTube. The video has been removed, as you can see. We'll keep combing the Interwebs for a new version. If you're somehow still on the fence about the 2015 Ford Shelby GT350 Mustang, then this video should provide some healthy encouragement about the new coupe. There's no high-speed action here, but you get to experience the wonderful sound of the GT350's 5.2-liter V8 with a flat-plane crankshaft start up, idle and throw some revs. At a twist of the key, the engine barks to attention, and a wonderfully crisp shriek comes from the exhaust when the driver blips the throttle. The GT350 even has a growly baritone at idle. According to the YouTube description, this car was on hand at the Carroll Shelby Tribute and Car Show in Gardena, CA. Unfortunately, videos online might be the best chance for many people to hear the wail of the latest GT350 for now. Ford is only building a total of 137 of them for the 2015 model year, but the numbers should pick up when the 2016 model year begins in just a few months.