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SRT Viper production halted amid slow sales

Chrysler has made the decision to suspend production of the SRT Viper for a least two months, citing slow sales. The move is expected to result in layoffs of 91 hourly workers at Chrysler's Conner Avenue Assembly plant in Detroit. Back in October of 2013, Chrysler cut Viper production by a third, citing slow sales and growing inventories.

Saab appoints North American administrator, prospects darken

Saab has appointed an outside administrator to oversee its business in North America and the potential wind-down or sale of the company if its parent operations can’t emerge from bankruptcy. The move was announced on Wednesday afternoon by Saab North American COO Tim Holbeck as the company’s future remains uncertain. McTevia & Associates, a management and financial-consulting service with offices in suburban Detroit and Florida, is the administrator.

Bugatti Veyron Grand Sport Vitesse sets World Speed Record: OFFICIAL

What it was was a new world speed record for the Bugatti Veyron Grand Sport Vitesse, Bugatti’s convertible Veyron, which had been out playing at VW’s Ehra-Lessien test track in the hands of Chinese driver Anthony Liu, and under the watchful eye of Germany’s Technical Inspection and Certification (TÜV) to certify the Vitesse’s performance. That new world speed record for an open-topped production car is now officially 408.84kph (254mph), so Bugatti are dong what Bugatti do and producing a limited edition World Speed Record car – the Bugatti Veyron Grand Sport Vitesse WRC Edition. The Vitesse WRC comes with Bugatti’s 7.9 litre W16 with 1184bhp, 1,106lb/ft of torque and the same orange and black colour scheme as the Grand Sport World Record Coupe got when it broke the world speed record for a production car.