GM has released details on its GT1 Champion Edition Package for the 2009 Chevrolet Corvette. The new package, which pays homage to the success of the Corvette C6.R in the Le Mans and American Le Mans GT1, will go on sale later this spring. Available for the Corvette Coupe 4LT, Convertible 4LT or Z06 3LZ, [...]
When you hear of Dubai, you think of a luxurious tax-free wealth lifestyle only few could afford. Of course for auto enthusiasts, Dubai is the land where one can spot some of the most expensive and exclusive automobiles of the world. However, faced with debt and shrinking credit, those living the high-life are abandoning Dubai [...]
While offering no hint whether or not his administration will approve GM and Chrysler’s request for another $21.7 billion in emergency loans, President Barack Obama said today that his economic team is currently reviewing the viability plans submitted by the two automakers earlier this week. “We are deeply concerned about the current state of the [...]
Earlier this morning we reported that the General Motors disbanded its High Performance Vehicle Operations unit. GM said that engineers from the department will now focus on more high-volume Cadillacs, Buicks, Chevrolets and Pontiacs and that all high-performance projects are on an indefinite hold. However, Camaro SS fans can rest assured that the 422-hp Camaro [...]
For those of you (like us) getting swamped with all the 2009 Geneva Motor Show previews make sure you follow our Geneva Motor Show tag for the latest updates. Joining the huge onslaught of debuts is Swedish supercar maker Koenigsegg which will soon compete the ranks of the four-door high-performance supercars. Along with a one [...]
Earlier this morning we showed you a teaser for the “baby Phantom” which now has an official concept name – the Rolls-Royce 200EX. Well it seems like some of the European publications, including our friends at CAR, have broken the embargo and released the images and details on Rolls-Royce’s Geneva Motor Show star. The production [...]
For the 14th month in a row, Americans drove fewer miles, the U.S. Transportation Department said. However, thanks to cheap gasoline prices the decline was not as steep as previous months. Highway travel was down 1.6 percent in December falling by 3.8 billion miles to 237 billion miles. October 2008 saw a drop of 3.7 [...]
Saturn owners have received a letter from the brand alerting them that it may be spun off by General Motors as an independent marketing and distribution company, reports Automotive News. In the letter, which was sent out to about 1.5 million Saturn owners, the brand said it will have to continue selling products from other manufacturers or [...]
FoMoCo has dropped the pricing info for the new 2010 Ford Mustang. Ford is quick to point out that rivals Chevrolet Camaro and Dodge Challenger start at prices ranging from $1,000 to $2,600 more than Mustang. So what can you expect to pay for the new pony? The entry level V6 Mustang coupe start at [...]
General Motors may sell its stake in Opel and could also abandon Swedish brand Saab in efforts to cut costs and increase cash to avoid bankruptcy. GM’s European division issued a statement Wednesday saying that they are working to reduce costs without having to close any plants. The group said that it is looking for [...]
