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First teaser video for new Chevrolet Corvette posted

Glimpses--of a clay model, wheels, body panels--is what we get for the first teaser video of the redesigned 2014 Chevrolet Corvette. The minute-long video also sprinkles in some driving footage, from the driver's point of view, of the "Lutzring" test track at General Motors' Michigan proving grounds. It's all part of the promotion effort for the new Corvette that leads to the scheduled unveiling of the car on Jan.

New pictures: Audi A2 concept

Audi is set to give its A2 concept a public debut alongside its Urban concept at this year's Frankfurt motor show in the manufacturer's latest exploration of electric mobility. The A2 concept study revolves around the concept of space, with the vehicle having been developed with plenty of room for four people even with the car being 3800mm long, 1690mm wide and 1490mm high. The car is very much designed to impress aesthetically as well as improving the company's green credentials.

GM signs deal to sell Hummer to Chinese company

General Motors Co. has inked a deal to sell its premium off-road brand Hummer to a Chinese industrial company. GM said on Friday that it has a definitive agreement with Sichuan Tengzhong Heavy Industrial Machinery Co.