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First teaser video for new Chevrolet Corvette posted

Glimpses--of a clay model, wheels, body panels--is what we get for the first teaser video of the redesigned 2014 Chevrolet Corvette. The minute-long video also sprinkles in some driving footage, from the driver's point of view, of the "Lutzring" test track at General Motors' Michigan proving grounds. It's all part of the promotion effort for the new Corvette that leads to the scheduled unveiling of the car on Jan.

New Range Rover Hybrid targeted at Europe: Frankfurt 2013

The new Range Rover Hybrid (pictured) has diesel power to target Europe It’s not the biggest news at Frankfurt, but the arrival of the Range Rover Hybrid and Range Rover Sport Hybrid is big news for Land Rover, and for buyers running cars who are subject to taxation on benefits. Surprisingly, Land Rover has gone the diesel route with the hybrid, coupling the 3.0 litre diesel engine to a 46bhp electric motor which, when working together, offers the same sort of performance as the V8 diesel engine but with much better economy and emissions – 44mpg and 169g/km. Logic would perhaps have dictated that the new hybrid should have a petrol engine, rather than a diesel, as the biggest hybrid markets in the world – the US and China – have no real appetite for diesel engines.

BMW beats Mercedes-Benz to claim first U.S. luxury sales crown

BMW fended off a late-year surge by rival Mercedes-Benz to win its first title as best-selling luxury brand in the United States. BMW said Thursday that U.S. sales rose 15 percent to 26,834 in December, for an annual total of 247,907.