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GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.

'Porsche By Design' exhibition charts Porsche design history

Some of Porsche's rarest and most iconic cars will be showcased at the North Carolina Museum of Art's new exhibition, ‘Porsche by Design: Seducing Speed'. The collection, which consists of 22 cars dating back to 1938, is designed to explore the history and development of the Porsche lineup up until the present day. Amongst the models are a 1938 Type 64 Berlin-Rom racer, a 1963 Type 901 Prototype, 1969 Type 917 16-Cylinder Spyder Prototype and a 2010 Type 911 Sport Classic Carrera.

2014 Corvette Stingray rated at 455 hp

The 2014 Chevrolet Corvette Stingray's 6.2-liter LT1 V8 engine has been rated at 455 hp at 6,000 rpm and 460 lb-ft of torque at 4,000 rpm -- the highest standard-power rating ever for the Corvette. An available performance-exhaust system boosts the rating up to 460 hp and 465 lb-ft of torque. Chevrolet says the new LT1 with standard exhaust has 25 more horsepower than the current Corvette's base LS3 6.2-liter engine, which is rated at 430 hp, and 41 lb-ft more torque compared with the 2013 model's 424 lb-ft.