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First teaser video for new Chevrolet Corvette posted

Glimpses--of a clay model, wheels, body panels--is what we get for the first teaser video of the redesigned 2014 Chevrolet Corvette. The minute-long video also sprinkles in some driving footage, from the driver's point of view, of the "Lutzring" test track at General Motors' Michigan proving grounds. It's all part of the promotion effort for the new Corvette that leads to the scheduled unveiling of the car on Jan.

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.

Honda unveils Insight Hybrid

Honda has released the first official images of the Prius-fighting Honda Insight, which is due to launch in the New Year at the Detroit Motor Show, and be in UK Car showrooms in the Spring of 2009. Honda has been sceptical about the future of the Hybrid/Electric car, and has expressed the view that it believes the long term future lies in Hydrogen powered EVs, rather than EVs per se. But this is a sensible move by Honda to take away sales from the Toyota Prius.