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Caterham AeroSeven Concept [w/Video]

Caterham has unveiled its motorsport-inspired AeroSeven Concept road car at the Singapore Grand Prix. The two-seater concept previews the carmaker's future engineering and design direction for models including the sportscar being developed in collaboration with Renault for early 2016. The AeroSeven Concept is going into production next year and is the first model to be designed and developed with input from all three of Caterham's divisions: Caterham Technology and Innovation, Caterham F1 Team and Caterham Cars.

Banks and Dallenbach ready for Pikes Peak with 1,400 hp

Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.

GM delays second shift at Volt plant

General Motors is delaying the addition of a second shift at its Michigan assembly plant that makes the Chevrolet Volt. In May, GM said that it would add a second shift at its Detroit-Hamtramck plant by late this fall to double Volt production. Instead, a plant overhaul completed this summer, along with a more-modest addition of workers, will allow GM to double production starting early next year while remaining on one shift, the company said Friday.