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Chevy, Michigan Tech unveil a different kind of racer

At the 113th Army-Navy Game on Dec. 8, Chevrolet and students from Michigan Technological University unveiled a new hand cycle designed to make it easier for wounded vets to compete in racing events, including marathons. General Motors CEO Dan Akerson said GM will build 10 prototypes for use by the Achilles Freedom Team of Wounded Veterans in marathons across the country.

BMW i8 revealed: The BMW Vision ED lives

BMW i8 Revealed Today BMW reveals the i8 Concept, the production concept of the Vision EfficientDynamics supercar we saw back in 2009 and, for BMW, their way forward in a more eco-conscious world. But being aware of the climate doesn’t mean the joy has to be taken from the drive, and the BMW i8 aims to offer a car which can claim a green halo be also be a stimulating and appealing car for the petrolhead. The i8 is remarkably similar to the original Vision ED Concept, although it has dumped the 1.5 litre diesel the Concept has for a new 1.5 litre petrol engine with direct injection which develops 220bhp and 221lb/ft of torque.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.