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Chevrolet saves sinkhole Corvettes

CHEVROLET has taken on the job of restoring a number of classic Corvettes which were swallowed by a gaping sinkhole beneath the National Corvette Museum in Kentucky. General Motors' head of global product development, Mark Reuss, said today that the damaged vehicles are some of the most significant in motoring history. He said the company wants to restore as many of them as possible so car fans can enjoy them.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

2014 Mitsubishi Lancer Evolution to sell for $34,995

Everyone’s favorite Mitsubishi is back for the 2014 model year. The Lancer Evolution GSR will cost $34,995 when it hits dealerships while the twin-clutch-equipped Evolution MR comes in at $38,195, not including destination. Both of those prices are $300 more than last year.