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Chevrolet Corvette gets more expensive for 2012

General Motors has released prices for the 2012 Chevrolet Corvette--and the cost is going up. According to information given to dealers, the sticker price for base cars is going up by between $480 and $1,150, depending on the model. There is one exception--the sticker price of the top-of-the-line ZR1 is decreasing by $75, to $112,500, including the $975 shipping charge.

New Routemaster bus hits London streets

The very first new Routemaster hybrid bus began its first day of service in London today. The bus, whose exterior and interior were designed by Londoner Thomas Heatherwick, retains the distinct character of the old Routemaster – British as the London taxi and red telephone boxes – but is far more modern in its design and construction. The new Routemaster's main design features are its three sets of doors and two staircases, which it is hoped will ease the strain during rush hour in regards to alighting and entering the bus.

Ford of Europe turnaround plan 'on track'

By Tim Pollard Motor Industry 25 June 2014 14:52 Ford of Europe will stem its huge 10-figure losses and return to profitability in 2015, president Stephen Odell vowed this week. Talking to CAR at the global launch of the Ford Edge in Cologne, Germany, Odell vowed that heavy losses would be reversed by the sweeping Ford of Europe turnaround plan whose fruits would be borne over the next 12 months. Ford lost $1.6 billion in Europe in 2013 - the third straight year of red ink flooding the region.