1982 Plymouth Brochure-champ-sapporo-arrow Pickup on 2040-parts.com

What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

New Chevrolet Camaro to pace Indy 500

The Chevrolet Corvette's five-year reign as the pace car for the Indianapolis 500 has come to an end. The Indianapolis Motor Speedway said on Thursday that the pace car for this year's race will be the reborn Chevrolet Camaro. The pace Camaro is painted silver with red graphics.

Detroit Electric delays SP:01 again

Detroit Electric, the new startup with an old name, said it is delaying production because it hasn't secured a lease or purchase agreement for its manufacturing facility in Plymouth, Mich. It is also talking to some new partners, though the company declined to name them. North American president Don Graunstadt told the Detroit News, “To further elaborate at this juncture is, unfortunately, not possible as Detroit Electric have entered into negotiations with other parties that have the potential to impact our business strategy and timing,” Graunstadt said.