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Holden reveals VF Commodore SS V before Chevy SS bows

General Motors’ Australian arm, Holden, revealed the new VF Commodore SS V before its brother-in-arms, the Chevy SS, gets revealed this weekend at Daytona. The show car is finished in a color named Fantale orange metallic. Unfortunately, Holden and GM kept hidden the most exciting parts of the new full-size, rear-drive platform: the engine and price.

New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.

Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.