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2014 Porsche 911 GT3 hits the track in video

Porsche revealed its track-ready 911 GT3 at the Geneva motor show earlier this month. The lightweight 911 will go on sale in late 2013 as a 2014 model. On Wednesday, Porsche published the first sweet teaser video of the car in action on its YouTube channel.

Volvo celebrates SCC's 10th anniversary

Volvo is celebrating the legacy of its Safety Concept Car 10 years after its release. The Volvo SCC, first unveiled at the 2001 Detroit auto show, contained around 15 of the advanced technical solutions still found in Volvo models today. The SCC also inspired the design of the successful Volvo C30 model, which debuted in Paris in 2006.

Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.