Bloomberg reports the compensation fund designed by attorney Kenneth Feinberg for General Motors will have “a relatively modest timetable to invite claimants to file their claims” once the claim period begins August 1. Feinberg also said by the end of June, he and his team will have a program “that will define who’s eligible to file a claim… what the dollars will look like for those who file,” as well as the obligations the plaintiffs will need to have “to prove their claim.” GM CEO Mary Barra added that her company won’t know the final cost of the fund “until the actual compensation has been run,” though an estimate may come at the end of Q2 2014.
The history of mid-engined Corvette concepts is almost as old as the car itself, but even more colorful. Once the performance and racing potential of the ‘Vette was unleashed by its father, Zora Arkus Duntov, ambitious developments intended for the race track, Futurama, or the front pages of buff books speculating about the coming mid-engined production Corvette have never ended.
Duntov is shown here, proudly posing with his 1959 CERV (Chevrolet Engineering Research Vehicle) I, clearly a racing-oriented concept intended to test advanced designs and components for future use. The CERV’s independent rear suspension was adapted to the 1963 Corvette. It’s 350 hp 283 CI V8 featured aluminum block and heads, and fuel injection. A grand start to a long series of exciting Corvettes, even if they never made it into production. (Read More…)