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2014 Corvette Stingray rated at 455 hp

The 2014 Chevrolet Corvette Stingray's 6.2-liter LT1 V8 engine has been rated at 455 hp at 6,000 rpm and 460 lb-ft of torque at 4,000 rpm -- the highest standard-power rating ever for the Corvette. An available performance-exhaust system boosts the rating up to 460 hp and 465 lb-ft of torque. Chevrolet says the new LT1 with standard exhaust has 25 more horsepower than the current Corvette's base LS3 6.2-liter engine, which is rated at 430 hp, and 41 lb-ft more torque compared with the 2013 model's 424 lb-ft.

GM's Ed Whitacre meets the press in Web chat

General Motors' new front man, Ed Whitacre, remains a bit of an elusive figure in the car world. But at the very least, the former telecom honcho who's now the leader of the nation's largest automaker does like cars. “Oh yes,” he answered in response to that question during a Web chat on Tuesday, one of his first interactions with the media so far in his tenure at the helm of GM.

MG Design Centre opens in UK

The opening of MG's new design center this week at the historic production site of Longbridge, Birmingham, England was both an incredible and credible occasion. Incredible, because the brand looked dead in the water after the debacle of MG Rover's collapse in 2005 and even after various Chinese takeovers, its UK operation seemed destined to play no more than a tokenistic bit part. And thankfully credible too, because now all of MG's global design will genuinely be led from this new facility in the epicentre of England's traditional motoring heartland.