GM Cancels Performance Group

Another part of the GM restructuring isn’t as good a news as a production CTS Coupe of Converj…

GM has halted all work by their performance division (the folks responsible for cars like the Corvette ZR-1 and the CTS-V). Currently there are no performance models in the product plan while GM gets their financial situation in order.

However, it is expected this group will get back to work as soon as GM feels that they have the extra cash to splurge on halo/flagship models.

Let’s hope we get through the latest financial/economic crisis as soon as possible.

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