In an undeniable sign of the times, General Motors announced that they would be axing their "HPVO" (Performance Vehicles Operation) division as part of brand-wide cost-cuts necessary for their "economic viability" plan for Congress.  This is alarming news for fans of GM performance vehicles, which is one thing the General does quite well. Don't put the Z06 in cryogenic storage just yet, though: it's not quite the end of the world as we know it. The team of 60 engineers, who worked near GM's headquarters in Detroit, have been redeployed elsewhere into the company to focus on development of more important core vehicles, like upcoming mainstream sedans and crossovers - in other words, the cars that real people will buy in large numbers, which is what GM needs