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Hennessey Venom GT hits 230 mph in less than 20 seconds

The power junkies over at Hennessey have uploaded a YouTube video of the company's Venom GT hypercar. The Lotus-based GT sprints from 0-to-228 mph in 19.96 seconds, or the time it takes to update your Facebook status. Behind the driver of the Venom GT is a Corvette ZR1-sourced LS9 V8.

2010 Michelin Challenge Design Finalists Announced

Have you ever dreamed about having your vehicle designs featured at an international auto show? Beginning January 11, the 34 designers below will be living that dream when their original work is unveiled in the Michelin Challenge Design exhibit at the 2010 North American International Auto Show (NAIAS). Top automotive designers serving on the Michelin Challenge Design jury selected the work based on the theme 'Electrifying!

Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.