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Gert Hildebrand on his new challenge at Chinese startup, Qoros

Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.

2014 Chevrolet Corvette Stingray: 2013 Detroit Auto Show

Chevrolet has debuted the 2014 Corvette Stingray at the Detroit Motor Show, the most powerful – and fuel efficient – Corvette to date. Revealed at the Detroit Auto Show, the new Corvette – which gets the fabled ‘Stingray’ moniker – comes as standard with a 6.2 litre V8 delivering 450 horses and 450lb/ft of torque which translates in to a properly swift 0-60mph of under four seconds, and yet conspires to offer official economy of 26mpg – just not at the same time. But it looks like the new Corvette may be able to go round corners as well as it goes in a straight line, with a new seven-speed manual ‘box with rev matching driving the power to the rear wheels, and a five position Drive Mode Selector that’s said to tailor 12 vehicle attributes to suit intent and environment.

Silver linings: Saab and Mitsubishi see sales grow in May

Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.