Hennessey reveals Venom GT supercar

Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. The result is the Hennessey Venom GT, which melds high-performance Chevrolet Corvette and Lotus technology into a furious supercar. Borrowing from the Cobra's now-iconic template, the Venom GT broke cover on Monday and will come with the ZR1's supercharged 6.2-liter V8 modified to push out 725 hp.

Say Chevrolet--not Chevy--GM tells employees

From racetracks in the heartland to the iconic strains of “American Pie,” one word--Chevy--has transcended class and culture and helped raise the bow-tie brand to the lofty status as one of the most recognized in the world. But now, one of the most blue-collar and singularly American marques is going formal: General Motors has told its employees to use the world “Chevrolet” instead of the commonly used “Chevy” nickname. An internal memo distributed this week directs workers to use the official name in all communications, from official duties to simple conversations.

GM's ad spending nearly doubled in first half, Nielsen says

General Motors Co. nearly doubled its advertising spending in the first half of this year, leading a rebounding auto industry's marketing push, ad-monitoring company Nielsen Co. said.