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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.

Audi A1 – Production to start

Audi will being production of the Audi A1 in October And now comes confirmation that Audi is finally going to kick off production of the A1 in October. The head of Audi’s Brussels plant – Alfons Dintner – has confirmed that the Audi A1 will start production in October after a five week shutdown in August to gear the Brussels plant up for production of the new A1. The new Audi A1 will start to hit European Showrooms in the early part of 2010.

Watch sinkhole form at National Corvette Museum

The National Corvette Museum in Bowling Green, Ky. has released security-camera footage showing the formation of the sinkhole that swallowed eight rare cars yesterday. The 40-foot-wide sinkhole, which could be between 25 and 30 feet deep, opened at roughly 5:44 a.m.