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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.

GM considers flagship sedan for Cadillac

Cadillac is considering a large, flagship sedan to take on the Mercedes-Benz S-class and BMW 7-series, a top General Motors official says. Mark Reuss, GM's president for North America, told Automotive News last month that a new flagship is on the table as GM maps its go-global strategy for Cadillac. A flagship would be a continuation of how GM has been positioning Cadillac's lineup to go head-to-head in each segment with BMW, Mercedes and Audi.

Used Volvos for sale: First $290K takes both

Having decided to focus solely on their Pirelli World Challenge GT effort involving Volvo's S60, K-PAX racing has decided to sell off their two-year-old C30s. Given that 2013 is the production car's last hurrah, it makes sad sense that Volvo's not too interested in campaigning a machine that will soon be vacating showrooms. Built in 2011 to compete in the World Challenge Touring Class, the pair managed six poles and five wins under the sure hands and feet of Robb Holland and Aaron Povoledo.