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GM disbands unit that creates high-performance vehicles

General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles. GM on Wednesday disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, spokesman Vince Muniga said. "All high-performance projects are on indefinite hold," Muniga said.

New BMW M3 and M4 CONFIGURATOR now LIVE

New BMW M3 and M4 Configurator now live No customer has yet had the chance to drive the new BMW M4 (or its saloon sibling, the 2014 BMW M3) but that hasn’t stopped UK buyers clamouring to place an order. BMW UK has revealed that more than 200 UK customers have already placed and order for the new M Twins, with expectations that there will be almost 2000 sales in the first year (60/40 in favour of the M4 Coupe). But even though those first UK buyers for the M3 and M4 haven’t driven their new baby yet, they can now go online and play with the both the new M3 and M4 configurator to spec up their new toy just as they did with the dealer, but get a much better idea of what to expect.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.