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Final 16 contestants in U.S. GT Academy to compete at Silverstone in June

The remaining 16 contestants in the U.S. GT Academy will head to England's Silverstone circuit for a weeklong boot camp in June, Sony Computer Entertainment America and Nissan North America said Wednesday. The GT Academy began with 53,000 registrants who competed for the opportunity to race for Nissan in an undisclosed event.

Money woes may keep Converj from market

General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. GM revealed the coupe, which would use the same technology as the Chevrolet Volt plug-in hybrid, last week at the auto show here. GM designed the Converj so the production version--if it ever happens--will look "exactly like this," says Bob Lutz, GM's vice chairman of global product development.

Crash Fraud At Record High

CAR INSURANCE fraud is at a record high of £1.3 billion says the Association of British Insurers (ABI). This is a 34% increase over the previous year’s figures and is costing every household in the UK an extra £50 a year on their premium. Much of the fraud is due to ‘crash for cash’ incidents, where criminal drivers deliberately cause a collision with an innocent driver to claim for damage to their car and whiplash.