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General Motors fires back at Volkswagen
Thu, 14 Jul 2011General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.
Chevrolet Camaro ZL1 hits the wind tunnel, gains downforce: Video
Thu, 10 Nov 2011We've seen the gaudy output numbers of the 2012 Chevrolet Camaro ZL1: 580 hp and 556 lb-ft of torque make it the fastest Camaro ever produced--by a long shot. We've seen it at the Nordschleife dropping a supercar-like time of 7 minutes, 41.27 seconds around the 13-mile, 170-turn track. Now it's time to learn a little bit about what it takes to stabilize such a powerful beast at speed.
Europe inches towards CO2 deal
Mon, 24 Nov 2008By Tim Pollard Motor Industry 24 November 2008 17:29 The European Union is close to agreement on a radically lower CO2 limit to apply to all new cars, diplomats indicated today. The EU’s 27 governments are set to agree a Europe-wide limit of 130g/km as a new-car average by 2015, according to sources in Brussels. The deal is likely to start from 2012, with full compliance three years later.