Saw this today on autoblog:
GM has promised us that it would no longer abuse the SS name, and one of the first examples of that pledge is the Cobalt SS. The turbocharged coupe carries a wallop with 260 hp, and all that power can be used to propel the Cobalt SS to 60 in 5.7 seconds or get you around the 'Ring in a very respectable 8:22. Those are very solid performance numbers, and with a starting price of $22,995, the Cobalt SS delivers a pretty strong value statement, as well.
Besides a toned-down rear spoiler and an improved 2.0L turbocharged powerplant, standard features include air conditioning, stability control, OnStar and XM Satellite Radio. If you're into Cobalt luxury, you can add a sunroof, high-wing rear spoiler, audio system, and limited-slip differential and still keep the price under $26k. We're looking forward to seeing for ourselves if the Cobalt SS is worthy of the Super Sport name, but at $22,995 we can already say the price of entry is competitive.