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Volvo, Geely working on shared architecture

Geely and its Volvo ward are working at developing a new compact car architecture that will be shared by both companies. For Volvo, this means a smaller luxury car, possibly a few. The platform will be modular, as is practically required in this day and age, ready to underpin different body styles or—if need be—an entirely new lineup.

2014 Chevrolet Corvette Stingray pricing announced

The running line regarding 2014 Chevrolet Corvette Stingray pricing has been vague. It usually goes something like: If you can afford today's car, you will be able to afford the C7. That was proved true Friday, when Chevy said the latest generation of the iconic sports car will start at $51,995, including destination charges.

Toyota Unveils new Prius at Detroit Auto Show: Bigger, with more power and less weight

Toyota introduced its third-generation Prius at the Detroit Auto Show with an extensively re-engineered hybrid drivetrain. Ninety percent of the Prius's hybrid synergy drive system has been redesigned, with the focus on weight reduction. The lighter components include the transaxle to cut down on torque loss, inverter with direct cooling and smaller motor.