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Legendary Chevrolet Corvette 427 returns as convertible for anniversary celebration

More than 40 years have passed since Chevrolet labeled a Corvette with a 427 badge. But beginning this summer for a limited run, the legendary nameplate will return on a convertible model commemorating the marque's 60th anniversary. The car was unveiled to the public for the first time on Friday night at the Barrett-Jackson auction in Scottsdale, Ariz., where the rights to purchase the first car with serial No.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

2012 BMW M5 UK Price £73,040 & new UK M5 photos & Video

2012 BMW M5 UK photos, video & price BMW spilled the beans on the 2012 M5 back in June, so we already knew it would cost £73,040 when it went on sale in November in the UK. But now November is here, BMW UK has decided – quite sensibly – that now’s as good a time as any to remind us of the fact and to send over a bunch of new photos of the M5 and a new M5 video. Apart from a set of UK-specific photos and video of the new M5, we also get reminded just how appealing a prospect the new M5 is.