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The quest for eights in a Nissan GT-R
Wed, 20 Jul 2011Eight seconds can seem either like an instant or an eternity. For SP Engineering, however, eight seconds is the threshold it aims to cross in its highly modified Nissan GT-R shop car for the standing quarter-mile. “This car will run eights,” said Will Wong, wholesale manager at SP Engineering.
Twin-turbo Ferrari 458 Italia takes on the Lamborghini LP-700-4 Aventador: Video
Tue, 25 Oct 2011Exotic-car tuner Underground Racing from North Carolina prepared a Ferrari 458 Italia with a “bolt-on” twin-turbo system, boosting engine output to 700 hp. For comparison, the tuner matched the blown Ferrari against a Lamborghini LP-700-4 Aventador and its naturally aspirated 6.5-liter V12, rated at 700 hp. “We were interested to see how they stacked up against each other after seeing a twin-turbo Gallardo almost get beat by an Aventador,” Underground Racing president Kevin Howeth said.
Saab on brink of closing after GM rejects rescue plan
Mon, 19 Dec 2011Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.