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First 2012 Chevrolet Camaro ZL1 goes for $250,000 at auction

The first 2012 Camaro ZL1 put up for sale brought $250,000 at the Barrett-Jackson auction in Las Vegas on Sept. 24. Fairway Chevrolet-Buick-GMC put the new ZL1 up for auction, with proceeds going toward the Southern Nevada YMCA.

GM names Stracke to succeed Reilly as CEO of Opel/Vauxhall

General Motors on Thursday named global engineering chief Karl-Friedrich Stracke to replace Nick Reilly as CEO of its money-losing Opel/Vauxhall unit, effective April 1. Stracke will report to Reilly, 61, who continues as the head of GM's European operations and will be nominated to chair the Opel supervisory board. Stracke, a German native, has led GM's global vehicle engineering operations for the past 15 months.

Stop buying new cars says government adviser

People should stop buying new cars and drive their old ones until they’re beyond repair, says a top government adviser. This news, reported by the Daily Telegraph, comes a day after we reported that new cars sales figures have hit a six-year high. On Bing: see pictures of scrap cars Find out how much a car over 10-years-old costs on Auto Trader Chief scientific adviser to the government’s energy department, David MacKay, said “car manufacturers love us to buy a new car every few years” and that Britain needs to end its throw away culture.