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Daimler, Renault-Nissan announce alliance

Daimler and Renault-Nissan unveiled the details of an international alliance on Wednesday in a landmark collaboration designed to fortify the three historic automakers by sharing technology and reducing costs around the world. AutoWeek first broke news of the deal last week. Renault-Nissan and Daimler will work together on several specific projects, including small cars, engines and commercial vehicles.

Mercedes-Benz Launches 'Style' Division

Mercedes-Benz has launched Style, the Stuttgart-based automaker's answer to BMW's DesignworksUSA design consultancy. Mercedes-Benz's Style sub-brand will be charged with designing bespoke luxury goods from aircrafts, to yachts, furniture and more. Its aim is to place the company in the avant-garde of the luxury market.

2015 Corvette Stingray will get an eight-speed automatic transmission

2015 Corvette Stingray buyers will have a new transmission option when they head to dealer lots next year: An eight-speed automatic that will supposedly weight less than the six-speed it replaces and boasting quicker shift times than the dual-clutch in the Porsche 911. Named the 8L90, this eight-speed will be built in Ohio and will also be found on the upcoming Corvette Z06. If the gearbox is capable of handling the 625 hp put down by that supercharged beast, we're sure it'll take on the regular Stingray's 455 hp without breaking a sweat.