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Noble plans to bring the Fenix supercar to the United States with Chevrolet power

A new 200-mph, Chevrolet-powered supercar from Briton Lee Noble is headed to the United States, possibly in 2011 or 2012. Powered by either a 638-hp supercharged LS9 V8 or a 480-hp LS3 V8, Noble's new Fenix supercar will aim for Ferrari 458 Italia performance at about half the price, a performance-price offer that served Nobel well at his previous company, Noble Automotive. "The Chevy engines have partly been chosen because they have global homologation and sales in the U.S.

Revealed: the most expensive areas for car insurance

A study by AA Insurance has found that drivers in London are paying the most for their car insurance – with the average premium costing a whopping £922.44. And – despite a recent fall in car insurance premiums – the average cost could soon increase, with some areas already noticing insurance getting more expensive. Top 25 new cars that are cheap to insure Cheapest cars to insure for 17-18 year olds The AA found that car insurance is the most expensive in London, followed by the IG postal area (including Ilford, Barking and Chigwell), with an average premium of £912.07.

Marchionne, Fiat execs tighten grip on Chrysler under unified management team

Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group LLC, will retain oversight of the two automakers in North America under a single management team dominated by Fiat-bred executives. Four regional chiefs will be in charge of Fiat and Chrysler operations in North America, South America, Europe and Asia effective Sept.