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New Chevrolet Corvette Stingray Convertible revealed

The soft top version of the new Stingray has been revealed – the 2014 Chevrolet Corvette Stingray Convertible – ahead of a debut at the 2013 Geneva Motor Show. But aside from issuing the two photos of the new convertible Stingray, Chevy isn’t giving anything away ahead of its debut at Geneva in a few days. But it’s not much of a stretch to expect the same 444bhp 6.2 litre under the bonnet as the regular Stingray, enough to get the Stingray to 62mph in under 4 seconds and no doubt the convertible just a shade behind.

GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.

The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).