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‘Nemesis’ breaks UK electric car speed record
Sat, 29 Sep 2012An electric car – based on a second-hand Lotus Exige – has broken the UK electric car speed record with a speed of 151.6mph. We’re not entirely sure how relevant a new UK speed record for an electric car is, but let’s be parochial and report it anyway. The ‘Nemesis’ is an electric car built round a second hand Lotus Exige, bought off eBay, by a team of engineers in a shed in Norfolk and driven by an Estate Agent from Gloucestershire.
Vette plant to build high-performance engines
Wed, 30 Jan 2013General Motors is moving its Performance Build Center, which let enthusiasts pay $5,000-plus to build the high-performance engine for their Chevrolet Corvette, from Michigan to the Corvette assembly plant in Bowling Green, Ky. The move is expected to be completed by spring 2014. It will let a Corvette buyer build his own engine, with help from a GM technician, and then see it installed in his car as it goes down the Bowling Green assembly line.
Ford GT Sells For a Record $11 million at RM's Monterey Auction
Sat, 18 Aug 2012RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.