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GM shelves Camaro convertible, Z28

General Motors has delayed indefinitely the Chevrolet Camaro convertible and Z28 high-performance variant to save cash, sources say. GM also has tabled plans to add a four-cylinder engine version of the Camaro. GM is starting to ship the Camaro to dealers this week.

Jaguar F-Type 3.0 litre V6 Supercharged engine trailered (video)

The Jaguar F-Type is to get a new 3.0 litre V6 Supercharged engine and Jaguar are trailing it in a new video ahead of launch. We finally learnt in April that the C-X16 Concept would come to life as the Jaguar F-Type and just a few days later that the F-Type would be getting a new V6 supercharged 3.0 litre engine (amongst others). But with the launch of the Jaguar F-Type Roadster still almost a year away (spring 2013), Jaguar are keeping up the marketing impetus with a trailer video of the new supercharged lump destined for the E-Type’s spiritual successor.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.