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Corvette ZR1 (2008): first official pictures

By Ben Oliver First Official Pictures 13 January 2008 21:56 General Motors has unveiled its fastest, most powerful production model ever. Official figures have yet to be released but insiders say the Corvette ZR1 is likely to top 200mph and crack 60mph in a little over 3 seconds. Its new supercharged, 6.2-litre LS9 V8 makes 620bhp and 595lb ft of torque, which GM claims gives the ZR1 a better power-to-weight ratio than the Ferrari 599, Porsche 911 GT2 and Lamborghini Murcielago LP640.

Detroit Tigers pitcher Armando Galarraga gets a 2010 Chevrolet Corvette from GM

Detroit Tigers pitcher Armando Galarraga may have just missed a perfect game on Wednesday night, but General Motors tried to help make up for it--with a 2010 Chevrolet Corvette convertible. Galarraga retired the first 26 Cleveland Indians batters in order on Wednesday night. The would-be final batter, Jason Donald, appeared to ground out, but umpire Jim Joyce ruled him safe in a controversial call that later that night he admitted was wrong.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.