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Saleen S5S Raptor

By Liz Turner Motor Shows 20 March 2008 21:13 Saleen is best known for its red-hot Mustangs, but at New York it revealed an American supercar concept to rival the Europeans. Its S5S Raptor is around the same size as a Ferrari 430, and should be close to the same price, but boasts 175bhp more. It’s powered by a Saleen-built supercharged 6.0-litre V8, that will run on ethanol (like an increasing number of race cars).

General Motors draws on global designers for the new Chevrolet Corvette

For the first time, General Motors studios across the world have submitted design studies for the next-generation Chevrolet Corvette. Late last year, Ed Welburn, GM's vice president of global design, invited GM's 10 styling studios to submit design proposals. Some "were absolutely phenomenal," Welburn said.

Vauxhall & Opel could merge with Peugeot Citroen.

GM Europe (Opel and Vauxhall) could extend their deal with PSA (Peugeot Citroen) with a Joint Venture or merger. When GM Europe and PSA announced they were forming an alliance earlier this year, we asked if this was an admission that the mainstream car market in Europe had changed forever, and an alliance between Opel, Vauxhall, Peugeot and Citroen was the only way to keep the brands viable. But we did also question what use a projected annual saving of €2 billion by sharing suppliers and co-developing platforms would be to PSA and GM considering their woeful losses.