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Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.

Peugeot Exalt Concept: OFFICIAL

The Peugeot Exalt Concept (pictured) now officially revealed We had the first photo of the Peugeot Exalt Concept earlier in the week, but now Peugeot has caught up with that reveal and released a gallery of photos of the Exalt and details too. With strong design hints from Peugeot’s Onyx Concept – like the long bonnet, short overhangs, bold wheel-arches and crisp lines – the Exalt appears to be a five-door hatch even though it looks like a four-door swoopy coupe. Peugeot has hand-made the bare metal body panels of the Exalt and covered it in part with a ‘Shark Skin’ material which is said to improve aerodynamics and fuel consumption.

Seven reasons why GM wants to keep Opel

General Motors Co. is considering reversing course and hanging on to Opel, and it is easy to figure out why. Keeping a foothold in Europe is vital for GM, and the company may be able to afford it.