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GM throttles back on performance cars for 2010

It should not be a surprise, as General Motors scrambles to cut costs and cars sit unsold on dealers' lots, that the automaker is cutting high-performance versions of several vehicles for the 2010 model year. According to information from online ordering guides made available to GM dealers, the 2009 model year is the last for the Chevrolet Impala SS, the Pontiac G6 GXP and the Cadillac STS-V. Also, the SS trim in the Chevy Cobalt lineup will be limited to the coupe body style.

Ford of Europe turnaround plan 'on track'

By Tim Pollard Motor Industry 25 June 2014 14:52 Ford of Europe will stem its huge 10-figure losses and return to profitability in 2015, president Stephen Odell vowed this week. Talking to CAR at the global launch of the Ford Edge in Cologne, Germany, Odell vowed that heavy losses would be reversed by the sweeping Ford of Europe turnaround plan whose fruits would be borne over the next 12 months. Ford lost $1.6 billion in Europe in 2013 - the third straight year of red ink flooding the region.

Monterey Historics renamed; Dan Gurney to be honored at first event

Iconic racer Dan Gurney will be the first featured guest at the Rolex Monterey Motorsports Reunion in August, an event formerly known as the Monterey Historic Automobile Races. Gurney will be honored with displays of Eagle race cars spanning his career, including Formula One, Indy cars, Trans-Am, Can-Am and IMSA GTP prototypes. He'll also have a public interview and autograph session.