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Is this the first crash of a privately owned C7 Corvette?

Details are scarce at the moment, but it looks like this might be the first crash of a privately owned C7 Corvette. Here's what we heard from our tipster: - There were apparently no serious injuries. - The damage to the front of the car is extensive.

Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?

Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.

2014 Corvette Stingray sales start limited to 900 Chevy dealers

When the redesigned 2014 Chevrolet Corvette Stingray begins rolling off the assembly line in Bowling Green, Ky., in late summer, only about 900 of Chevrolet's 3,000-plus dealers will get cars. Last week, General Motors confirmed to Chevy dealers which ones had qualified to sell the Stingray at launch. Those dealerships can begin ordering the car in the next few weeks.