1966 Chevrolet Corvair Custom on 2040-cars

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Petrolicious visits a coachbuilt Corvette in Montana

There was once a time when most anyone could take a car to one of the great coachbuilders of Italy and have it rebodied into something entirely original. That's what one Gordon Kelley did back in 1962. And it's the story that Petrolicious tells in its latest video. An industrial designer by trade, Kelley penned his own design for bodywork to cover his '61 Corvette, and brought it to Vignale (today owned by Ford) in Turin for realization. The stunning result became known as the Kelley Corvette. It appeared at major auto shows and graced the covers of magazines, and with good reason: as you can see for yourself, Kelley's design and Vignale's work came together beautifully, and have gracefully endured the test of time in singular fashion. Today the car's custodian is one John Breslow, based out in Montana – a state that not only doesn't require a front license plate (which would be a crying shame to mount in that front grille) but also has some of the highest speed limits in the country. Breslow likens the Kelley Corvette to "a Van Gogh you can drive." But even higher praise is that he actually drives it, which is no mean feat considering what else he has in his garage, from cherished classics like a Ferrari 275 GTB and Jaguar XKSS to modern Zagato coachbuilt specials like the Alfa Romeo TZ3 and Ferrari 550 GTZ Barchetta. Related Video:

China's rise, global restructuring wither GM's Korea division

An article in the Daily Kanban suggests the sun is setting on GM Korea, and it could already be well into dusk. GM Korea came about when General Motors, along with co-investors SAIC and Suzuki, bought Daewoo Motors from parent company Daewoo Group in 2001; it had a previous tie-up with GM, a joint venture that ended in 1992, although Daewoo cars were based on GM cars until 1996. Over the decade following the purchase, it became such an important part of operations that it was renamed GM Korea in 2011, "to reflect its heightened status in [the] global operations of GM." Just two years later, the printed rumors were that the subsidiary responsible for a fifth of Chevrolet's global production could be shutting down. The division's sales were down almost 21 percent through November of last year, counting domestic South Korean sales, exports, and CKD – Complete Knock Down – products. That makes the labor strife, already an issue for four years, even more acute, reports say the subsidiary will lose $36 million a year if it can't get the job and wage cuts it wants, and government concessions can't make up for the losses. And it gets worse, so head over to Daily Kanban to read the rest of the story.

Former Fisker CEO has some advice for Tesla Motors

Former Fisker Automotive CEO and ex-Chevrolet Volt vehicle-line director Tony Posawatz has some words of caution for Tesla Motors. The long-time automaker executive questions the California automaker's long-term viability – and gives some praise – in a talk with Benzinga, which you can listen to below. While the all-wheel-drive D that Tesla unveiled earlier this month in Southern California wowed a packed crowd, Posawatz (starting at around minute 4:45 in the interview) says Tesla would've been better off taking the resources it expended toward that Model S upgrade and directed them towards speeding up the development of a more affordable plug-in. Perhaps a number of investors agreed, since the company's stock fell the day after the D was announced. Posawatz says Tesla has been over-reliant on the sale of ZEV credits. Posawatz also says that Tesla has been over-reliant on the sale of zero-emissions vehicle credits in California for its earnings and questions whether the automaker will ever work at a large enough scale to sufficiently drive down costs and make consistent profits. Tesla CEO Elon Musk would take issue with this characterization. Posawatz first made his mark in the plug-in vehicle world when he was the vehicle-line director at General Motors for the Volt extended-range plug-in from 2006 to 2012. Later that year, he joined extended-range plug-in maker Fisker Automotive as its CEO, though quit that job during the summer of 2013 as the company was descending into insolvency. He joined the Electrification Coalition this past March. News Source: Benzinga Green Chevrolet Fisker Tesla Electric PHEV Tony Posawatz