2002 Chevrolet Avalanche 1500 Z71 Crew Cab Pickup 4-door 5.3l. No Reserve on 2040-cars

Auto blog

GM won't pay owners of recalled cars for lost value

Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.
ALG, the firm specializing in establishing residual values, determined that Cobalt owners had lost $300 compared to the segment competition and doesn't envision any long-term effects from the recall situation. Feinberg's statement comes in advance of public details on how the compensation fund will work and adheres to GM's long-held position on the matter. The company has already asked a judge to throw out such suits using the pre-bankruptcy defense, even as it stopped using that defense in cases of injury and death.
With plenty of potential gain from the GM suit, however, don't expect the plaintiffs to give up yet. When Toyota was sued for the same reason during the unintended acceleration debacle, it eventually settled the case for between $1 billion and $1.4 billion just to get it over with. Since the 85 law firms involved in the Toyota litigation took home more than $250 million of that total, we shouldn't expect the attorneys to give up on a GM payout, either.

Check out the official 2013 Trans Am Hurst Edition commercial

The Poncho is dead. Long live the Poncho. Like certain other reoccurring personal maladies, the aftermarket community simply can't let the Trans Am go without another flare up. The guys at Trans Am Depot have worked up a quick commercial for their newest creation: The 2013 Trans Am Hurst Edition, and it watches pretty much like you'd expect it to. The footage is comprised of just about every TA male fantasy you can conceive of, from Daisy Dukes and white tank tops to tramp stamps, bikinis and ice cream cones. There simply aren't words for what you'll see below.
Of course, we like our T-Tops as much as the next guy. If you like what you see in the videos, you can pick up your very own TA by heading over to the Trans Am Depot site. The guys even have Chevrolet Camaro-based versions of the Pontiac GTO if the '77 TA treatment is too much for your tastes. Enjoy, but don't say we didn't warn you.

Corvette Stolen In Detroit Returned To Owner After 33 Years

A Detroit man had his stolen Corvette returned 33 years after it disappeared while parked on one of Detroit's main drags, according to ABC 7. The last time George Talley saw his 1979 Corvette was on a July day in 1981, when it disappeared from its parking spot on Jefferson Avenue in Detroit. He had given up hope of ever seeing his car again, until a phone call from AAA brought his sporty ride home. Authorities had come across a Corvette with a questionable VIN in Hattiesburg, Mississippi. When they ran the number Talley's stolen car report came up. The car is still in pretty good shape and only has 47,000 miles on the odometer. Talley wasn't sure how he could get the car back home, but General Motors stepped in and agreed to cover the cost of bringing the 'Vette home. Talley has always had a passion for Detroit-made muscle cars. "I've always liked Corvettes. It was attractive. The ladies like 'em," Talley told ABC 7.