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GM disbands unit that creates high-performance vehicles

General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles. GM on Wednesday disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, spokesman Vince Muniga said. "All high-performance projects are on indefinite hold," Muniga said.

2012 Porsche 911 7-speed gearbox in action +video

2012 Porsche 911 7-speed gearbox video below Some of us are old enough – just –  to remember when a 3-speed gearbox was normal. And, quite often, located on the column. Cars like the Vauxhall Cresta and Ford Zephyr had them, but they now belong to a completely different world to the one inhabited by the 7-speed manual gearbox in the new Porsche 911.

Budget 2009 - UK gets £2000 scrappage scheme

By Ben Pulman Motor Industry 22 April 2009 15:15 Chancellor Alistair Darling has announced a £2000 car-scrapping incentive, and a surprise 2p per litre increase in fuel tax in the latest budget. Darling delivered his Budget speech at 12.30pm GMT today. Scroll down the page to see our edited highlights of the 2009 Budget, read in-depth details of the scrappage scheme and see how the motor industry has responded.