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Charles Morgan to build rival cars

Sacked Morgan boss Charles Morgan is to set up new sports car company that he says will rival the 104-year-old British car manufacturer that bears his family name and recently dismissed him. In a report in the Telegraph, Charles is quoted as saying his new company will “build on the innovation and heritage of my grandfather”. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader The news comes less than a month after Morgan lost his appeal against his dismissal from the Malvern carmaker his family set up in 1909.

Chevrolet Corvette Stingray costs £61,495

The new Chevrolet Corvette Stingray will cost £61.5k in the UK The 2014 MY Corvette Stingray arrived at the Detroit Motor Show in January, and now it’s arriving in the UK. The new Stingray comes with a 6.2 litre LT1 V8 offering a modest (for its size) 455bhp and 460ln/ft of torque, enough to get the Stingray to 60mph in under 4 seconds and, say Chevy, still offer ‘improved’ economy over the old model. In the real world, though, that probably means under 20mpg.

Ford tops GM in February sales, steers U.S. industry to 13 percent gain

Ford Motor Co. led the U.S. industry to a 13 percent sales gain in February while topping General Motors in monthly sales for the first time in 12 years.