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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Carroll Shelby honored with Keith Crain achievement award

Famed car designer Carroll Shelby received the 2011 Keith Crain/Automotive News Lifetime Achievement Award on Thursday evening during the Washington auto show. The award is given annually to an individual who has made a significant contribution to the auto industry. "I accept this award with all of the humility a person could have," Shelby said.

Radical Cup comes to North America

The 2013 Radical Cup USA schedule was announced on Wednesday. The brand new gentleman-racer series will host 12 events over six weekends, beginning in March at Miller Motorsports Park in Utah and is set to wrap up in September at the Monticello Motor Club in New York. The 270-hp Radical SR3 and 460-hp Radical SR8 already compete in one-make series’ in Europe, Australia and the Middle East.