Cobb Accessport V3 Ap3-sub-003 Subaru 08-14 Wrx/sti on 2040-parts.com

UPDATED: 2014 Chevrolet Corvette LT1 V8 to make 460 hp, 465 lb-ft

UPDATED 5/28/2013: Chevrolet has officially rated the 2014 Corvette Stingray LT1 V8 at 460 hp at 6,000 rpm and 465 lb-ft of torque at 4,000 rpm. Chevy claims up to 316 lb-ft of torque is available starting at 1,000 rpm. Check out complete LT1 details below, and look for an upcoming breakdown of the latest LT1.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Saab shutdown would doom new 9-5, 9-3 models

The new Saab 9-5 sedan and a proposed replacement for the 9-3 will be killed off if General Motors Co. winds down its Swedish subsidiary, AutoWeek has learned. The new 9-5, a longer-wheelbase version of the Opel Insignia and the Buick Regal, is poised to go down in the annals of automotive history as a major rarity--a design that was fully tooled for production yet never got built.