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Corvette ZR1 (2008): first official pictures

By Ben Oliver First Official Pictures 13 January 2008 21:56 General Motors has unveiled its fastest, most powerful production model ever. Official figures have yet to be released but insiders say the Corvette ZR1 is likely to top 200mph and crack 60mph in a little over 3 seconds. Its new supercharged, 6.2-litre LS9 V8 makes 620bhp and 595lb ft of torque, which GM claims gives the ZR1 a better power-to-weight ratio than the Ferrari 599, Porsche 911 GT2 and Lamborghini Murcielago LP640.

In memoir, Bush defends auto bailout to safeguard American jobs

Former President George W. Bush is defending his $17.4 billion bailout of the U.S. auto industry in his memoir, Decision Points.

Russia gets its first Lamborghini dealership

While luxury supercars have been a status symbol of the new upper class in Russia, owners often have resorted to buying secondhand or going out of the motherland for their latest top-dollar vehicle acquisitions. Automobili Lamborghini is betting on the continued strength of the Russian market by opening its first dealership in that county in conjunction with the Burevestnik Group, a luxury-automobile and yacht company, in Moscow. “We are very proud of representing Lamborghini in Moscow,” said Andrey Lomakin, co-owner of the Burevestnik Group.