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Peugeot 508 to replace 407 and 607

The Peugeot RC HyMotion Concept Apart from in France, it’s always been a racing certainty that the bigger the French car the poorer its sales. And it looks as if the French are finally starting to wake up to this fact and are looking at rationalising their upper-range cars to consolodate on one new model. Well, at least Peugeot are.

McLaren F1 GTR up for auction at the Quail

Six-hundred horsepower seems rather paltry figure these days. Sure, it was big stuff when Ferrari introduced the 599 more than a half-decade ago. But these days, Ford will sell you a lowly Mustang with 650 ponies and a factory warranty.

Chevrolet Corvette gets more expensive for 2012

General Motors has released prices for the 2012 Chevrolet Corvette--and the cost is going up. According to information given to dealers, the sticker price for base cars is going up by between $480 and $1,150, depending on the model. There is one exception--the sticker price of the top-of-the-line ZR1 is decreasing by $75, to $112,500, including the $975 shipping charge.