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GM closes UK Advanced Design Studio

CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.

Chrysler prices SRT 2012 models

Chrysler Group, which is reviving its SRT performance brand, has set prices on the first four SRT vehicles it is selling: the Chrysler 300 SRT8, Dodge Charger SRT8, Dodge Challenger SRT8 and Jeep Grand Cherokee SRT8. Chrysler will start building the vehicles at the end of July and they will arrive in dealerships before the end of the third quarter. Prices, including $825 shipping, are as follows: -- 2012 Dodge Charger SRT8 -- $46,660 • 2012 Chrysler 300 SRT8 -- $47,995 • 2012 Jeep Grand Cherokee SRT8 -- $55,295 • 2012 Dodge Challenger SRT8 -- $44,077 (price does not include a $1,300 gas guzzler tax on the automatic transmission and $1,000 for the six-speed manual.) The 2012 Challenger is largely a carryover from the 2011 model.

Auction of Jay Leno tractor to benefit veterans

Bidders at the Barrett-Jackson auction in Scottsdale, Ariz., this week have a chance to buy a vehicle being retired from entertainer Jay Leno's garage and support a charity that serves military families. The vehicle is a New Holland Boomer tractor. For the past five years, the staff at Leno's garage has used the "Lil Tug" to move the TV host's large collection of classic and unique cars around the facility.