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Legendary Chevrolet Corvette 427 returns as convertible for anniversary celebration

More than 40 years have passed since Chevrolet labeled a Corvette with a 427 badge. But beginning this summer for a limited run, the legendary nameplate will return on a convertible model commemorating the marque's 60th anniversary. The car was unveiled to the public for the first time on Friday night at the Barrett-Jackson auction in Scottsdale, Ariz., where the rights to purchase the first car with serial No.

Mitsubishi launches world's first twin-clutch SUV

By Mike Elwin First Official Pictures 31 March 2008 14:15 Mitsubishi will sell the world’s first SUV with a twin-clutch gearbox this autumn when it launches the Outlander Twin Clutch SST. Previously such systems have been the preserve of sports cars and performance-orientated hatchbacks, and definitely not off-roaders. CAR Online has tested the SST system in the new Evo X and been impressed by the speed and quality of the gearchange.

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.