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Latest Saab production halt raises concern

News today that Saab has halted production again, owing to problems paying suppliers, has raised further questions over the long-term financial viability of the independent car maker. Saab says it continues to negotiate with its local suppliers to ensure a supply of parts, but has declined to mention when production may resume. Didn't Saab have supplier issues last week?

$5 billion competition on to replace Humvee

Competition is heating up to win a contract for a vehicle that will replace nearly 18,500 aging military Humvees for the U.S. Army and Marine Corps starting in 2015. Six proposals are in play, with little time left before federal contracting officials decide on development of the $5 billion-plus program.

Chevrolet Corvette Z06 Convertible revealed ahead of New York Auto Show debut

The drop-top Corvette ZO6 Convertible (pictured) revealed ahead of NY debut If you want proper American Muscle Car performance you don’t need to look much further than the new Corvette Z06 with its 6.2 litre Supercharged V8 delivering 625 horses and 635 lb/ft of torque. And now you can have it without a roof. The new Chevrolet Corvette Z06 Convertible has been revealed ahead of its New York Auto Show debut, and it offers exactly the same power and performance as its hard top sibling.