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Ferrari sets price for the 458 Spider

Ferrari has set the price of the 458 Spider at $257,000, with U.S. sales to start in January, In Europe, the sports car will cost 226,800 euros, or $309,000 at current exchange rate. Sales begin in October.

Caterham to unveil 620 R at Goodwood Festival of Speed

Caterham has launched a new version of the Seven dubbed the 620 R, and it will be shown to the public for the first time this weekend at the Goodwood Festival of Speed. This new Seven uses a 2.0-liter supercharged Ford Duratec engine producing a reported 310 hp. The 620 will make the 0-60 sprint in less than 2.8 seconds and streak all the way up to a top speed of 155 mph.

New Chevrolet Corvette Stingray Convertible revealed

The soft top version of the new Stingray has been revealed – the 2014 Chevrolet Corvette Stingray Convertible – ahead of a debut at the 2013 Geneva Motor Show. But aside from issuing the two photos of the new convertible Stingray, Chevy isn’t giving anything away ahead of its debut at Geneva in a few days. But it’s not much of a stretch to expect the same 444bhp 6.2 litre under the bonnet as the regular Stingray, enough to get the Stingray to 62mph in under 4 seconds and no doubt the convertible just a shade behind.