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Hennessey Venom GT hits new, unofficial, speed record (video)

The Hennessey Venom GT (pictured) hist 270.49mph on a NASA runway Top speed records for production cars is starting to seem pretty irrelevant as there’s almost nowhere an owner can ever hope to hit those record speeds. And the performance of cars like the new McLaren P1 – where  performance and handling are much more the focus than outright top speed – has added the the irrelevance. But that doesn’t stop some car makers aiming for the bragging rights of the world’s fastest production car, and John Hennessey and his Hennessey Venom GT are back with another claim on the title.

GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

General Motors says its EN-V concept might be tested in large cities

General Motors is working on a second generation of its EN-V electric-car concept and might test the two-seat, pod-shaped vehicle in large cities around the world. The EN-V will wear the Chevrolet badge. It is designed to communicate with other vehicle and city infrastructure to minimize congestion.