Sports Car Net

The inevitable effects of a slumping economy is beginning to hit the streets.  The 70′s and 80′s economic slump still causes sport car enthusiasts the world over to shutter to this day.  190 hp Corvettes, Porsches that barely broke a 14 second quarter mile and a selection that was as pathetic as the medical system in Canada.  Now, perhaps the greatest American made sports car is feeling the effects.  GM’s troubles no longer allow it such luxuries as the ZR1, CTS-V or the rest of the high performance pipeline.

General Motors has disbanded its High Performance Vehicle Operations unit, which was responsible for creating such vehicles as the Cadillac CTS-V, Corvette ZR1, and Pontiac G8 GXP. GM’s high-performance vehicles will not be discontinued, but future replacements to these cars might never materialize. In other words, when GM’s existing high-performance models reach the end of planned production, they could be gone for good.

All high-performance vehicles currently under development have been shelved. It is not clear if this includes cars like the Cadillac CTS-V Coupe, which is probably very close to being completed.

“All high-performance projects are on indefinite hold,” spokesman Vince Muniga told Automotive News. “The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets and Pontiacs.”

Muniga added there are no longer any plans for performance-oriented variants of any upcoming cars.
General Motors scraps high-performance division