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Hennessey readies 2014 Chevy Corvette Stingray package with 1,000 hp
Tue, 26 Feb 2013The 2014 Corvette Stingray made its world debut at the Detroit auto show less than two months ago, but Texas tuner John Hennessey is already working on upgrades. Hennessey Performance plans to offer upgrades for both the C7 coupe and the C7 convertible. Supercharged systems will bring output to 700 hp and higher-priced twin-turbo setups push power to anywhere from 800 hp-1,000 hp.
News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.
Korean supercar blasts into Goodwood
Mon, 02 Jul 2012Believed to be the first-ever South Korean supercar, the 845-hp, mid-engine de Macross Epique GT1 made its European debut last weekend at the Goodwood Festival of Speed. The carbon tub, alloy-bodied Epique is the brainchild of a Korean oil magnate and avid car collector Keyser Hur, who is sinking part of his fortune into making the de Macross a reality. “Mr.