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Hennessey HPE700 Twin Turbo Corvette to bow in Boca

If you saw the 455-hp Chevy Corvette Stingray and thought, “I’ll hang on to my money for something faster,” and then you saw the 625-hp Corvette Z06, and said, “It’s a little too wild-looking for me,” the Hennessey HPE700 Twin Turbo Corvette might be just right The Texas-based tuner will reveal its latest, surprisingly tasteful offering at the Boca Raton Hangar Party that kicks off the Boca Raton Concours on Feb. 21. Hennessey claims 707 hp at 6,400 rpm along with 661 lb-ft of pavement-shredding torque in this new modified ‘Vette.

Lotus won’t be at 2012 Paris Motor Show

Two years after Dany Bahar revealed Lotus plans to build a new range of Lotus supercars at the 2010 Paris Motor Show, Lotus will be a no-show at Paris 2012. Two years ago we were stunned by the grandiose plans for a range of Lotus supercars revealed by new CEO Dany Bahar at the Paris Motor Show. What a difference 24 months makes.

Audi designer to head VW's design center

Volkswagen AG has picked Stefan Sielaff, its current head of Audi design, to lead the VW design center in Potsdam, Germany. Sielaff, 49, will replace Thomas Ingenlath, who is leaving the company. The change will be effective Feb.