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Corvette ZR1 'Blue Devil' freed from sinkhole

Update: Video of the ZR1 removal added below. Workers at the National Corvette Museum have begun removing eight cars from the bottom of a sinkhole that appeared inside the museum's Skydome last month. The first car to make it back to ground level is the 2009 Corvette ZR1 prototype nicknamed "Blue Devil." Incredibly, the ZR1 reportedly cranked right up and even made it to the doorway of the Skydome under its own power.

Whos Where: Peter Schreyer to head Kia Design

In what's regarded as a major boost for Korean car maker Kia, it has been confirmed that Peter Schreyer will be moving from Volkswagen AG to lead Kia's global design operation. Schreyer will oversee the design activities of the company's regional design centers in Frankfurt, Los Angeles and Tokyo as well as the Namyang Design Center in Korea. While Schreyer's move to Kia comes across as a big surprise for many within automotive design circles, his departure from Volkswagen doesn't.

White House pushes automakers toward 54.5-mpg target by 2025

The White House is pushing automakers to agree by Wednesday to a corporate average fuel economy target of 54.5 mpg by 2025--a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month. The easing of the White House plan stems from a concession to makers of light trucks and SUVs, and particularly larger vehicles in that segment, such as Ford's F-150, sources said. The latest White House proposal, the most definitive of any it has put forth, calls for a 5 percent annual mileage increase for cars from 2017-2025, said industry and congressional officials who asked not to be named because their discussions with the White House are confidential.