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Lexus NX Compact SUV: OFFICIAL

The Lexus NX (pictured) revealed in standard and F Sport guise Last weekend Lexus teased the production version of their new compact SUV – the Lexus NX – ahead of its debut, and this morning we get the official reveal and details of specification and powertrains. Aimed at compact SUVs like the BMW X3 and Audi Q5, the production version of the Lexus NX may have been toned down somewhat from the LF-NX Concept, but it’s still a bold design and keeps a degree of the angularity of the concept; it’ll stand out in the sector – no bad thing. As you’d expect, the big, bold Lexus grill makes its presence felt, with slim LED headlights, big wheelarches, statement alloys (17″ or 18″), sculpted bonnet, sharp creases on the flanks and a back end that’s as angular as the front.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

Tony DeLorenzo to be inducted into Bloomington Gold's Great Hall

Corvette racer Tony DeLorenzo and his 1967 L88 Corvette are being inducted into the Bloomington Gold Great Hall in St. Charles, Ill., on June 24. It's part of Bloomington Gold's honoring the 50 people and 50 cars that played the biggest roles in Chevrolet Corvette racing lore.