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Hennessey readies 2014 Chevy Corvette Stingray package with 1,000 hp

The 2014 Corvette Stingray made its world debut at the Detroit auto show less than two months ago, but Texas tuner John Hennessey is already working on upgrades. Hennessey Performance plans to offer upgrades for both the C7 coupe and the C7 convertible. Supercharged systems will bring output to 700 hp and higher-priced twin-turbo setups push power to anywhere from 800 hp-1,000 hp.

Audi to buy Ducati – the four rings expands from four wheels

Audi has struck an exclusive deal giving it first rights to buy Italian superbike manufacturer Ducati, CAR can reveal.The exclusivity deal gives Audi until mid April when the deal will likely be finalised, according to high-ranking sources contacted by CAR. Ducati's liabilities are around €200 million [earlier report said €800 million, this has been corrected], and our sources suggest the total purchase price is about €250m-€300m. This is a bold move by Audi, which sees the long-term advantage in moving into two wheels as well as four.

Heavy rain brings more flood risks

HEAVY RAIN and gale force winds are set to continue to batter large swathes of the south of Britain, leaving many areas at risk of further flooding. The country will be hit by two new turbulent weather systems that are predicted to bring high winds and rain in their wake. And there is fresh misery for people living in the Somerset Levels, where two severe flood warnings remain in place signifying a danger to life.