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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.

Ferrari F150 confirmed for Geneva. Well, there’s a surprise.

Ferrari’s new ‘limited edition special series car’ – the Ferrari F150 / New Enzo – has been confirmed for a reveal at the 2013 Geneva Motor Show. You may be astonished to learn that Ferrari hasn’t officially confirmed that the replacement for the Enzo – codenamed Ferrari F150 – will actually debut at the Geneva Motor Show But it hasn’t. Well, it hasn’t if you’re simply a Ferrari lover.

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.