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Cunningham Corvette battle heads to courts

UPDATED: The battle over ownership of one of the 1960 Chevrolet Corvettes raced at that year's 24 Hours of Le Mans by Briggs Cunningham has moved to the courts in Pennsylvania. The filings—in Cumberland County Court and U.S. District Court in Harrisburg—provide several details about the discovery and ownership of the long-lost car, including the sale price: $75,000.

Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

Lexus GS-F to get LF-A V10

Lexus are said to be preparing a GS-F with the V10 from the LF-A (pictured) There have been rumours that Lexus are going to produce a range-topping GS-F for some time. But with car makers looking at downsizing and trying their best to stick smaller and more economical engines in its cars it seemed the possibility of an M5 competing Lexus GS were going nowhere soon. But according to Japan’s Best Car magazine that couldn’t be further from the truth.