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BMW releases M Performance accessories for 2-Series Coup

The BMW 2-series is set to replace the 1-series coupe that we've had on this side of the Atlantic come next spring, and a few months prior to its U.S. debut BMW has rolled out M Performance upgrades for the upcoming coupe. That's right, the 1-series will no longer be sold in the U.S., so there won't be any 2014 models.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

Hennessey tunes Chevrolet SS to 1,000 hp

Forget the Camaro Z/28 for a minute: Hennessey is offering performance packages for the Chevrolet SS that boost the car from from a not-unreasonable 475 hp to the "there's-just-no-way" 1,000 hp. That's right, Hennessey Performance saw a gap in the market for rear-wheel drive domestic sedans with 1,000 hp on tap, and like any smart business, went for it. In fact, we don't know why this niche hasn't been filled until now.