Chevy 1968 Elcamino Chevelle Fenders Nos on 2040-parts.com

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Mercedes CLA snapped undisguised

The Mercedes CLA – a baby CLS based on the new A Class – has been snapped undisguised in Iceland ahead of a 2013 reveal. The fact that Mercedes are building a four-door, swoopy coupe based on the new A Class is no secret. In fact, Mercedes rolled out the Concept Style Coupe at the Beijing Motor Show earlier this year as a very clear pointer of what to expect.

HSV GTS/Vauxhall VXR8 (2013) first pictures of new Aussie M5

This is the new HSV GTS: all 577bhp of it. The V8-powered supersaloon has had a supercharger bolted onto its 430bhp engine, taking power from BMW M3 levels to the same poke as a Mercedes E63 AMG S. Plus, there's a new exterior and cabin design.