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2012 Chevrolet Corvette upgrades focus on track performance

To keep up on the track with the Vipers and Super Snakes of the world, Chevrolet has upgraded the Corvette for 2012. There's no change to the engines or their output for 2012, but you will shave a few seconds off your lap times with the newly optional Michelin Pilot Sport Cup Zero Pressure tire. Only offered on the Z06 and ZR1 models, the package includes the tires, 285/30-19 in front and 335/25-20 rear, and lightweight aluminum Cup-style wheels in satin black or machined finishes.

Ford sends Mustang, Edge to Europe

Ford plans to export the Mustang to Europe, and it will likely be the next generation of the famous pony car due within a couple of years. It has also shown redesigned compact and full-size vans it will sell in the United States by 2014. The automaker also showed a lightly restyled Fiesta and a high-performance ST model that go on sale in Europe later this year.

Toyota reveals new Le Mans car as Peugeot quits

Peugeot has announced that it’s closing its Le Mans and endurance racing programme with immediate effect. The unexpected announcement is a blow to the world-famous French endurance race, as the diesel-powered 908 HDi LMP1s have been the only cars able to challenge Audi’s dominance over the past few years – Peugeot won the Le Mans 24hrs in 2009. On the same day that Peugeot Sport announced the closure of its endurance racing programme, Toyota revealed its new 2012 Le Mans racer.