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After biting our tongues for the last few days while (accurate) speculation surrounding the successor to the Chevy Cobalt SS Supercharged bounced around the web, we're finally able to come clean. This is the turbocharged 2008 Chevy Cobalt SS, and it's being introduced to the world at SEMA this week. Chevy went to great lengths to ensure that the SS badge means more than what it had become in recent years.

Coming in at 260 HP / 260 lb-ft, the SS/TC gains a full 55 horses over the now-defunct SS/SC. Power, of course, is sourced from the same 2.0L direct-injected, turbocharged, intercooled sledgehammer found under the bonnets of the Pontiac Solstice GXP, Saturn Sky Red Line, and forthcoming Chevy HHR SS. The GM Performance Division was tasked with making sure the improved Cobalt SS is well-sorted, and John Heinricy and company dialed in the FE5 sport suspension on the undulating twists and turns of the Nürburgring Nordschleife. The result, says GM, is a track-capable suspension that's still comfortable on the street, and which helps mitigate FWD performance foibles like torque steer.

Follow the jump for more, plus all the official GM press materials.

[Source: GM]