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It's a Corvettes summer at the Rolex Monterey Motorsports Reunion

You couldn't swing a camshaft without hitting a Corvette at the Rolex Monterey Motorsports Reunion. Chevy was celebrating, in no particular order: the 60th anniversary of its iconic sports car; the rolling unveiling of the new C7 Stingray; the first-ever public peek at the C7R race car; an almost-unprecedented gathering of great Corvette race cars from all eras; and a ginormous gathering of the Corvette faithful tearing around the track in all models of screaming, roaring American muscleVettes, few with silenced exhausts and many emblazoned with all or part of the American flag. Is this a great country or what?

Disney and Pixar announce 'Cars 3'

Variety is reporting that Pixar will introduce a third chapter to the "Cars" franchise, the company's second trilogy behind "Toy Story." It will join a long-awaited sequel to "The Incredibles," written by Brad Bird, a sequel to "Finding Nemo," and a sequel to "Planes" called "Planes: Fire and Rescue." That one will come out this year, on July 18. The first "Cars" was something magical, a love letter from car guy John Lasseter to the insular world of car enthusiasts. The second "Cars" sold over $2 billion in merchandise and was a massive commercial success.

BMX X1 invades U.S. this fall priced at $31,545

At the New York auto show last month, we learned that the BMW X1 compact SUV would be coming to the United States. Now we know that it will arrive on our shores in fall 2012, with a base price of $31,545 including $895 destination. According to BMW, the X1 has been a tremendous success, with more than 275,000 copies sold worldwide.