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Jaguar F-Type: Does F-Type pricing mean the next XK heading in to Aston Martin territory?

Jaguar has priced the new F-Type at a higher level than we expected. Does that mean the next Jaguar XK is heading upmarket? The entry-level F-Type – with the V6 supercharged engine delivering 340PS – is going to cost £58.5k, and that’s before you stick on £10k of extras to get the bits you really want.

Who's Where: Taewan Kim appointed Vice President of Design at GM Daewoo

Taewan Kim has been promoted to Vice President of Design at GM Daewoo. Having started his career in International Automotive Design in the United Kingdom in 1991, Kim was involved in designing various Japanese and European automobiles, including British Airway's First Class seat design. From 1995, he served as Chief Exterior Designer at the former Daewoo Motor Company, leading the exterior design of the Magnus, Lacetti, Kalos and Matiz.

Hendrick pays $1 million for first 2014 Corvette Stingray convertible

The first 2014 Chevrolet Corvette Stingray convertible sold Friday for $1 million at the Barrett-Jackson auction in Palm Beach, Fla., to car dealer and NASCAR team owner Rick Hendrick. Hendrick now has a pair of the seventh-generation Corvette after purchasing the first coupe for $1.05 million in January. Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute.