1968-1972 Chevy Ss Wheel Center Cap on 2040-parts.com

GM preps for new engines, 8-speed transmission

General Motors is spending $332 million to upgrade powertrain plants in three states to build a new eight-speed automatic transmission, a new V6 and a new family of small-displacement gasoline engines. The plants are in Indiana, Michigan and Ohio. GM is also adding $46 million to an earlier $600 million program to upgrade powertrain plants in Saginaw and Romulus, Mich.

Vauxhall & Opel could merge with Peugeot Citroen.

GM Europe (Opel and Vauxhall) could extend their deal with PSA (Peugeot Citroen) with a Joint Venture or merger. When GM Europe and PSA announced they were forming an alliance earlier this year, we asked if this was an admission that the mainstream car market in Europe had changed forever, and an alliance between Opel, Vauxhall, Peugeot and Citroen was the only way to keep the brands viable. But we did also question what use a projected annual saving of €2 billion by sharing suppliers and co-developing platforms would be to PSA and GM considering their woeful losses.

Eterniti Supercar teased – Porsche 911 Turbo based?

Eterniti Supercar Teased - with Porsche 911 Turbo underpinnings? We’re really not sure what to make of Eterniti Motors. They touted themselves as a new car company, yet all we’ve seen so far is the Gemballa-esque Eterniti Hemera, a titivated and be-jewelled Porsche Cayenne Turbo.