Garelick 9" Boat Seat Pedestal on 2040-parts.com

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

GM's Henderson: Corvette's future is secure

The future of the Chevrolet Corvette is secure, General Motors CEO Fritz Henderson says, even as GM dramatically slashes its size and costs. In an exclusive interview with AutoWeek, Henderson says that not only is the Corvette's current platform undergoing continual development, but the future seventh-generation car, dubbed the C7, also is on track. He would not specify when the C7 Vette would hit showrooms.

General Motors buys Suzuki's stake in Canadian assembly plant

General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners. Neither company disclosed the timing or pricing of the sale, which was announced Friday.