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Chevrolet Corvette C7 Stingray [w/Gallery]

Chevrolet has unveiled its new seventh-generation Corvette, the Stingray, at the 2013 North American International Auto Show. The Stingray's exterior and interior have been completely redesigned from the outgoing model. A stainless steel bar splits the broad grille horizontally at the base of the sleek hood, which is raked with lines and air intake vents.

Jaguar Land Rover sorts its finance

Tata has secured £175 million private funding for Jaguar Land Rover But it is now being reported that JLR has managed to secure £175 million in private funding, obviating the need to succumb to Government interference in its business. Which has got to be good news for the JLR workforce – at least for now. Jaguar and Land Rover are very much on the up.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).