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Production of Camaro convertible to start in 2011

Despite General Motors' current economic woes, production of a convertible version of the Chevrolet Camaro is on track to start in early 2011. That is later than the original plan of having the ragtop Camaro go into production early next year, a GM spokesman told Automotive News. But the program was not canceled, just delayed, the spokesman said.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

Korean Grand Prix (2013) RESULT

Korean Grand Prix (2013) RESULT It has looked for some of the F1 season that Mercedes – and particularly Lewis Hamilton – could get stuck in to Sebastian Vettel and slow down his race to another world championship, or that Fernando Alonso could make progress by stealth and put a stop to the German. But that all seems a distant thought as Vettel cruised almost serenely to a win in Korea, despite his lead being compromised at times by two safety cars and even a rogue Jeep fire tender on the track. Behind Vettel, who won by 4.2 seconds from the Lotus pair of Kimmi Raikkonen and Romain Grosjean, the best Vettel’s closest rival, Fernando Alonso, could manage was sixth, with Lewis Hamilton putting his Mercedes in fifth, behind Nico Hulkenberg.