1969 Chevelle Tail Lights on 2040-parts.com

Automotive X Prize teams begin performance testing in Michigan

The 28 teams competing in the Progressive Insurance Automotive X Prize will begin performance testing this week at Michigan International Speedway in Brooklyn, Mich. The teams are vying for $10 million in prizes, which will be awarded to consumer-friendly vehicles that exceed 100 mpg. This week begins the first of the three on-track performance testing stages: shakedown, knockout qualifying and finals.

Chrysler and Fiat get a new logo, Dutch incorporation, UK tax shelter

Chrysler Group reported an increase in earnings for the fourth quarter as the launch of the2014 Jeep Cherokee and higher U.S. sales helped the automaker to its third straight annual profit. In a separate announcement today, Chrysler and Fiat said their combined company will be renamed Fiat Chrysler Automobiles NV.

Lamborghini Sesto Elemento is official – just 20 to be built

Lamborghini Sesto Elemento - it's official Perhaps the worst-kept secret at Lamborghini has been production confirmation of the Sesto Elemento, the ultra lightweight supercar Lamborghini revealed at the Paris Motor Show this time last year. As long ago as November last year we had the news that the Sesto Elemento would go in to production after a French car news site reported that Lamborghini would be building a very limited run of the cars at €2.5 million each. By May of this year we knew that Lamborghini had already started getting the Sesto Elemento ready for the first customers, and we reported that the first cars would be heading for customers by October this year at a more reasonable €1.9 million – although that’s October in Italian terms, so anything up to next Spring is possible.