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Hennessey Venom GT2 to bring 1,500 hp

Hennessey The Hennessey Venom GT2 will debut in late 2013 from Texas tuner Hennessey Performance Engineering. The already-bonkers Corvette-powered Lotus will now house a twin-turbocharged 7.0-liter V8 making an unthinkable 1,500 hp. Hennessey didn't reveal the weight but says that the Venom GT2 has more than one horse per 2.2 pounds (1 hp/kg).

General Motors Europe announces new European Design Center

General Motors' global Design organization is a multi-national team with eleven design centers around the world. The offices are linked via virtual reality studios and projects are shared around the globe. The organization is led by Ed Welburn, GM's global vice president of design.

Michelin launches 2012 Challenge Design competition

What began back in 2000 as a forum for people who share a passion for vehicle design and innovation has grown to inspire thousands of entries from 96 countries. Over the past decade, Michelin Challenge Design (MCD) participants have submitted vehicle design concepts for personal and public transport addressing a broad range of geographic themes and industry issues. And now, as the 2011 program draws to a close, MCD has announced the 2012 program, which opens for pre-registration from October 1, 2010 to March 4, 2011.