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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.

Toyota condemns the Electric Car

Electric cars - like the Reva NXG - are not a viable mass-market option. Toyota’s head of R&D in Europe – Masato Katsumata – said in a speech that the electric vehicle won’t be a mass-market phenomenon, and that the future – at least in the coming decades – will be petrol engine hybrids. “We don’t see any short-term breakthrough in battery technology” he said.

Aston Martin Vanquish Volante Neiman Marcus Edition. Christmas is on its way

Aston Martin Vanquish Volante Neiman Marcus Edition It seems like Christmas should be a long way off, but not if you’re Nieman Marcus – the Harrods of North America – where Christmas has arrived with the launch of their annual Christmas catalogue. Regular readers will know the Neiman Marcus Christmas car is a special edition car offered each year and customised to make it unique – and more expensive. Last year’s Neimen Marcus car was the McLaren 12C Spider (and the year before the Ferrari FF) and this year Neiman Marcus has stuck with the Brit offering and have the Aston Martin Vanquish Volante as their car of choice for Christmas 2013.