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Australia's Holden to cease production after 2017, GM says

General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.

Hennessey-tuned Ford GT does a 235.1-mph Texas two-step

A few times a year, some of the fastest and most powerful cars meet in Texas for an adrenaline-filled weekend of top-speed runs called the Texas Mile. The high-performance machines have one mile of arrow-straight runway to get the highest top speed at the one-mile marker. It was the right mix of conditions for Mark Heidaker and Sean Kennedy, who drove their twin-turbocharged Ford GT to a top speed of 235.1 mph down the runway into a decent headwind of 20 mph.

Alfa Romeo 4C convertible likely for 2015

Conventional wisdom holds that if you want to take on Porsche's 911, you need a convertible variant. And although Alfa Romeo's often marched to the beat of a wonderfully idiosyncratic drummer, it sounds as if it's hewing to general sporting-car rules of thumb with the 4C. According to a report in Britain's Autocar, sources have confirmed that a 4C convertible will follow the launch of the coupe by about a year.