Traxxas has announced another iteration on their 1/16th scale platform, the Gravedigger. It uses the same chassis as all of Traxxas' other 1/16 scale offerings, but most of the traditionally red parts are now green. It appears to be shipping with a Titan 12T motor on it. No word yet as to pricing, but it will probably be inline with current 1/16th scale vehicles.
For pictures and a bit more information on the new truck, check out Big Squid R/C's coverage at the Nuremberg Toy Fair.