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Penske honored with Keith Crain award at Washington auto show

Racing and dealer magnate Roger Penske was given the Keith Crain/Automotive News Lifetime Achievement Award on Thursday evening at the Washington auto show. The award is given to an individual for significant contributions to the auto industry. Carroll Shelby won in 2011, and Ralph Nader and U.S.

Opel not for sale, GM exec says

General Motors Vice Chairman Steve Girsky says Opel is not for sale. "We're developing plans to make Opel work," he said at the Automotive News World Congress on Tuesday. Opel and PSA/Peugeot-Citroen were mentioned as possible targets of Fiat-Chrysler CEO Sergio Marchionne, who said on Monday he may seek to combine his company with another automaker to increase efficiencies and cut development costs.

Hennessey-tuned Ford GT does a 235.1-mph Texas two-step

A few times a year, some of the fastest and most powerful cars meet in Texas for an adrenaline-filled weekend of top-speed runs called the Texas Mile. The high-performance machines have one mile of arrow-straight runway to get the highest top speed at the one-mile marker. It was the right mix of conditions for Mark Heidaker and Sean Kennedy, who drove their twin-turbocharged Ford GT to a top speed of 235.1 mph down the runway into a decent headwind of 20 mph.