Those looking for the ultimate project car will be happy to hear that a 1985 Ford Mustang GT has appeared on eBay. Now, if its 5.0 liter V8 isn’t enough to buy you over, how about the fact that it only has 99 miles on the odometer?

That’s right, this car has reportedly been in climate controlled storage somewhere in Ottumwa, Iowa ever since it was purchased back in 1985. As for a price, well the bid currently sits at $11,600 with the reserve not yet met so there is really no telling how much this seller wants for the car.

Anyways, head to this beautiful 1985 Ford Mustang GT’s eBay listing, here.

via Jalopnik

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We’ve known about the GM/eBay partnership since early last month but haven’t heard much about its progress since. Today, however, we have some concrete details on when exactly the program will go live.

It seems that GM is gearing up to launch a trial of the program tomorrow through September 8th in California thanks to 225 of their dealerships whom will be participating. Included in this new car auction campaign are Chevrolet, Pontiac, GMC and Buick models which you can bid on by going to gm.ebay.com or chevy.ebay.com. Of course, those two websites won’t go live until tomorrow when the program is officially set to.

If this program proves to be in GM’s best interest I see no reason why the automaker wouldn’t launch it nationwide.

Read (Ebay)

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Jon Lauckner, VP of Global Program Management over at GM, let us know yesterday that we wouldn’t officially know a price for the Chevy Volt until mid-to-late 2010. Even earlier than that, we learned that GM was inking a deal with eBay to allow consumers the ability to bid on brand new cars. But is there a connection between the two?

According to Chevrolet Brand Manager, Ed Peper, yes, as in a recent interview with GM-Volt.com he confirmed that GM is pondering if they should or shouldn’t sell the car on eBay.

If they do this, it would make the Chevy Volt’s pricing extremely competitive as it wouldn’t necessarily be predefined. Would you buy a Chevy Volt if they put it on eBay?

via AutoBlogGreen

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Devon Motorworks GTX

Chrysler received only one serious bid of $5.5 million for the Dodge Viper business and assembly plant last week and that was from Devon Motorworks (DMW). Devon hoped to use the plant to build its very own supercar, the GTX. While not very much is known about the GTX, buying the Viper business would have permitted DMW to base the car around the famous Viper platform.

This August a GTX prototype is scheduled to be revealed at the Pebble Beach Concours. However, a first look at the car will come this July when the company will attempt to break the world lap record for a production car at the Nurburgring. What is known so far is the the car’s design is being handled by known Swedish designer and former Ford employee Daniel Paulin.

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