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May09

Watch Lingenfelter Chevy Camaro ZL1 hits 202 MPH Video





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

Watch Lingenfelter Chevy Camaro ZL1 hits 202 MPH Video

When Lingenfelter Performance Engineering announced it had crossed the 200-mph mark in its tuned Camaro ZL1, the man guiding the wheel was Hot Rod editor-in-chief Dave Freiburger. We saw a short video of the run in the 702-horsepower – that's at the wheels – coupe, but in the latest episode of Hot Rod Unlimited, Freiburger offers the long-form backstory of what it took to get to 202.6 mph exactly.

Continental Tire's proving grounds in Uvalde, Texas aren't Italy's Nardo Ring (where...

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May07

Legal loophole - GM still continues to avoid paying its federal taxes -





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

Legal loophole - GM still continues to avoid paying its federal taxes -

According to The Detroit News, General Motors continues to avoid paying its federal income taxes since the company exited bankruptcy. In 2008, the Treasury Department ruled that the automaker could use $18 billion in losses from "old" GM to offset any profits. That means from a tax perspective, GM still hasn't earned enough money to overcome its losses. The automaker has raked in more than $13 billion since 2009.

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May07

2012 Camaro ZL1 runs quarter mile in 11.93 seconds - Joins the 11-second Club





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

2012 Camaro ZL1 runs quarter mile in 11.93 seconds - Joins the 11-second Club

We've taken the bone-stock 2012 Chevrolet Camaro ZL1 down the quarter-mile drag strip at Bondurant in Arizona several times. The very first pass we made netted us a time slip in the mid-12-second range. That's an impressive performance for a car wearing road-legal radial tires with zero preparation and a driver familiarizing himself with the car.

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May03

The 202 mph 2012 Chevy Camaro ZL1 by Lingenfelter (LPE)





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

The 202 mph 2012 Chevy Camaro ZL1 by Lingenfelter (LPE)

th the 2013 Shelby GT500 putting out 662 horsepower and 631 pound-feet torque, we're guessing that more than a few owners of the new Chevrolet Camaro ZL1 will be looking to even things up via the aftermarket. The speed-obsessed guys over at Lingenfelter Performance Engineering are already putting a few options on the table with a three new upgrade packages that boost the supercharged 6.2-liter V8 to anywhere from 630 to 700-plus horsepower.

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Mar28

Cadillac adding vibrating Safety Seat Alert system





FEATURED GM | By David Walker, LeaseTrader.com | Add Comment |

Cadillac adding vibrating Safety Seat Alert system

It's going to be a big year for Cadillac, which will soon be reloading its model lineup with the new ATS and XTS sedans. The 2013 ATS compact slots in below the CTS, while the larger 2013 XTS aims to take care of traditional Caddy buyers looking for immensity above all else. While at diametrical ends of the spectrum, the two new models will share a technology package that

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Oct10

RECALL: Chevrolet Corvette recall over faulty hinges





FEATURED Auto News Automotive Recall GM | By David Walker, LeaseTrader.com | Add Comment |

RECALL: Chevrolet Corvette recall over faulty hinges

General Motors is recalling 5,755 2011-2012 Chevrolet Corvette coupes for potentially faulty hatch hinges that could break loose in a crash. According to the National Highway Traffic Safety Administration, the rear hatch hinges on Vettes built between January and September don't meet federal weight capacity requirements.

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Jul07

GM tests offering free auto insurance to new-car buyers





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

GM tests offering free auto insurance to new-car buyers

The test is taking place in Oregon and Washington, where drivers who take delivery of a new GM vehicle will receive a year-long Insurance policy from MetLife at no additional charge.

The policy includes both liability and physical damage coverage and exceeds requirements in the two states. The deal applies to 2010, 2011 or 2012 Chevrolet, Buick, GMC or Cadillac car, truck or crossover and is only good on purchases through Sept. 6. But hey, it's a start.

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Nov16

General Motors plans to raise $12 billion in its IPO





FEATURED GM | By David Walker, LeaseTrader.com | Add Comment |

General Motors plans to raise $12 billion in its IPO

General Motors Co. plans to raise as much as $12 billion in its initial public offering after increasing the asking price by 14 percent, according to a statement today.

GM, 61 percent owned by the U.S. Treasury, is now selling 365 million

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Nov10

GM posts profits of $1.96 billion before IPO offering





FEATURED GM | By David Walker, LeaseTrader.com | Add Comment |

GM posts profits of $1.96 billion before IPO offering

General Motors Co., in its final financial snapshot before next week's initial public offering, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.

The results, released today, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year -- a dramatic swing after five consecutive annual losses.

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Nov02

GM and OnStar now available on iPhone and Android





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

GM and OnStar now available on iPhone and Android

If you own a 2011 General Motors vehicle equipped with OnStar and you also carry an iPhone or Android-based phone, then you are in for a treat. Two new apps have just been released for your smartphones: myChevrolet and OnStar MyLink. OnStar MyLink works with the onboard OnStar system in your car and offers location-based services, such as a GPS parking reminder and vehicle reference material. The MyLink app also features a searchable database of warning lights, dashboard indicator...

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