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Volvo discontinues S40 and V50 for 2012

Volvo will discontinue the S40 sedan and the V50 wagon for the 2012 model year in the United States. The second-generation S40 came out in 2004, and the V50 debuted in 2005. According to Volvo spokesman Dan Johnston, S40 sales were down 29 percent by the end of last year and V50 sales were down more than 50 percent.

2014 Corvette Stingray twins spotted in the wild

Sure, we've seen the new Corvette Stingray, crawled all over the C7 at car shows, seen interior 360 videos of it and maybe, just maybe, had some time behind the wheel (you'll know soon enough). But there's something special about spotting the car on public roads -- there's something even more special about spotting a pair of them nose-to-tail in rush-hour traffic. The new Corvette in front appears to be Crystal red tintcoat, a darker, extra-cost color.

Porsche to build 918 Spyder

Porsche today announced that it will build the 918 Spyder, a road legal version of the 718bhp hybrid sports car that made its debut at the Geneva motor show last year. The company says the hybrid sports car will be limited to just 918 examples and be offered in left-hand drive only in order to ensure exclusivity of the new model. Based on a carbon fiber-reinforced plastic monocoque, the 918 Spyder's design DNA is derived from the Carrera GT and Porsche 917 race car as well as the RS Spyder.