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2015 Corvette Stingray will get an eight-speed automatic transmission

2015 Corvette Stingray buyers will have a new transmission option when they head to dealer lots next year: An eight-speed automatic that will supposedly weight less than the six-speed it replaces and boasting quicker shift times than the dual-clutch in the Porsche 911. Named the 8L90, this eight-speed will be built in Ohio and will also be found on the upcoming Corvette Z06. If the gearbox is capable of handling the 625 hp put down by that supercharged beast, we're sure it'll take on the regular Stingray's 455 hp without breaking a sweat.

The Rolls Royce Phantom gets a tweak

Ever since BMW bought Rolls Royce, the company has been on the up. First we got the Phantom, which showed the world just how special a Rolls Royce of the 21st century could be. The Phantom spawned the Drophead Coupe and more recently the Phantom Coupe.

Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.