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One-off 1990 Corvette ZR-1 Spyder saved from sinkhole; video shows extraction

You'll have to excuse the National Corvette Museum's timing -- museum staff are excited to report that a one-off 1990 Corvette ZR-1 Spyder has just been pulled from the sinkhole that opened up beneath the show floor in February, and they want you to know that this isn't some sort of cruel April 1 hoax. Don't believe us? Just watch the video below There hasn't been much headline-making news out of the Corvette museum since the 1 millionth Corvette built was saved from the sarlacc pit in early March, bringing the number of cars returned to ground level to five.

Under the hammer, overseas: Russo and Steele explores classic-car auction in China

It's ambitious, it's unprecedented and it's loaded with pitfalls. But if it can be pulled off, it could serve as a template for international growth for American auction houses. Russo and Steele is expanding into China and has announced plans this fall to form a joint venture with a Chinese company as a foothold.

VW Golf Blue-e-Motion revealed

Germany's Transport Minister and VW's Development Director with the VW Golf Blue-e-Motion In a new take on the BlueMotion moniker Volkswagen has revealed the VW Golf Blue-e-Motion which is – you’ll never guess – an electric Golf. Quelle surprise. The Golf Blue-e-Motion is a foretaste of VW’s aims to launch the electric Golf on an unsuspecting public in 2013 and was revealed by German Chancellor Angela Merkel (who managed not to get herself in the photo-op above).