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£2m McLaren P1 GTR for Pebble Beach

McLaren McLaren will show its new P1 GTR – pictured here for the first time in an official teaser shot above – at the Pebble Beach Concours d’Elegance car show next month. The P1 GTR will feature a number of circuit-biased modifications – including a 1,000hp engine – and will cost £1.98 million. McLaren P1 GTR: track-focused modifications The GTR is based on McLaren’s P1 hybrid hypercar, itself designed not to be the fastest, but the most focused, involving and advanced driver’s car there is.

SRT Viper production halted amid slow sales

Chrysler has made the decision to suspend production of the SRT Viper for a least two months, citing slow sales. The move is expected to result in layoffs of 91 hourly workers at Chrysler's Conner Avenue Assembly plant in Detroit. Back in October of 2013, Chrysler cut Viper production by a third, citing slow sales and growing inventories.

Money woes may keep Converj from market

General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. GM revealed the coupe, which would use the same technology as the Chevrolet Volt plug-in hybrid, last week at the auto show here. GM designed the Converj so the production version--if it ever happens--will look "exactly like this," says Bob Lutz, GM's vice chairman of global product development.