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Bugatti’s 254mph Veyron Vitesse officially world’s fastest drop-top

The Bugatti Grand Sport Vitesse has been officially confirmed as the world’s fastest open-top production car, having been clocked at 254.04mph. The milestone will be celebrated (naturally) with a limited run of special ‘World Record Edition’ Grand Sport Vitesses (which has been on sale since January 2012), with the commemorative cars sporting orange flashes to the carbonfibre bodywork, and orange wheels. Bugatti Veyron Grand Sport Vitesse: a 250mph wind in your hair Bugatti admits that the initial open-top speed target for the Bugatti Grand Sport was a piffling 233mph.

Detroit Electric moves production to Holland

Detroit Electric is going ahead with production of its Lotus-based sports car in the lovely Detroit suburb of…Holland. Unfortunately it's not the coastal city in the western part of Michigan, but the one in northern Europe. The facility will begin production in the fourth quarter of this year, according to the Detroit News.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.