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Hendrick pays $1 million for first 2014 Corvette Stingray convertible

The first 2014 Chevrolet Corvette Stingray convertible sold Friday for $1 million at the Barrett-Jackson auction in Palm Beach, Fla., to car dealer and NASCAR team owner Rick Hendrick. Hendrick now has a pair of the seventh-generation Corvette after purchasing the first coupe for $1.05 million in January. Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute.

May 2009: UK new car sales and trends analysis

By Peter Adams Motor Industry 04 June 2009 12:00 The scrappage scheme was supposed to give the UK car market a massive boost, but latest figures out today show new car registrations are still down by more than a quarter. The Society of Motor Manufacturers and Traders (SMMT) reports that new car registrations fell 24.8% in May 2009 to 134,858 units. However, this fall marks an improvement on earlier months of the year.

2015 BMW M4 convertible: First look

Meet the 2015 BMW M4 convertible, the final entry in BMW's revamped M3 and M4 high-performance lineup. The new drop-top will join the M3 sedan and M4 coupe later this month at the New York auto show and is expected to go on sale this summer. The new M4 convertible takes the place of last generation's M3 convertible, and will use the same powerplant as both the new M3 and M4: BMW's TwinPower 3.0-liter inline six will deliver 425 hp and 406 lb-ft of torque, redlining at 7,600 rpm.