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Watch the Corvette Z06 live reveal here

Chevrolet announced it will be video streaming the reveal of its much-anticipated 2015 Corvette Z06 from the Detroit auto show floor, and you can catch the whole event below. The preview starts at 9:30 am on Monday, January 13 and will also include the first official look at the upcoming C7.R Corvette race car. You may recall the spy photos of the Z06 we captured testing earlier this year, and the single teaser image Chevy released of the upcoming hi-po Corvette indicates some of the cosmetic changes.

Audi A5 & S5 Cabriolet model range and images

Audi A5 and Audi S5 Cabriolets announced With the Audi A5 Cabriolet and the Audi S5 Cabriolet scheduled for launch in the Spring, Audi has released details of both models today, together with a whole heap of images. The A5 Cabriolet offers up four petrol versions – 1.8TFSI, 2.0TSI (in either 180bhp or 210bhp guise) and a 3.2FSI – and a couple of diesels – the 2.7TDI and the 3.0TDI. The S5 Cabriolet gets the new Supercharged V6 with 333bhp we told you about in November.

Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.