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Dodge Viper operations draw limited interest

Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. Chrysler recently offered to sell the entire Conner Avenue plant in Detroit, which builds the Dodge Viper sports car, for $10 million, Chrysler Chairman Bob Nardelli said in a statement. "We received no purchaser interest," he said.

All-new Ford F-150 revealed at 2014 Detroit Motor Show

Ford has revealed an all-new version of the States' bestselling vehicle, the F-150 pick-up – and in a world first, the US favourite boasts an all-aluminium body and lightweight, high-strength steel frame. The new Ford F-150 is more than 300kg lighter than the model it replaces and, thanks to four engine choices including an all-new downsized 2.7-litre EcoBoost turbo, is much more fuel efficient too. Given that Ford sold a staggering 763,402 F-150s in 2013 alone, these changes will have a very positive effect in terms of the new model's environmental impact.

General Motors to kill Daewoo name in South Korea, switch to Chevrolet

General Motors Co., trying to position Chevrolet as a key global brand, is killing the long-used GM Daewoo name in South Korea and putting the Chevy bowtie on its cars there. The name GM Daewoo Auto & Technology Co., in use since GM took over the struggling South Korean automaker in 2002, will be phased out by the end of March. The new name will be GM Korea Co., the company said in a statement.