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New car sales surge by 7.6%

THE SURGE in new car sales has continued into the new year. There were 154,562 new vehicles registered last month, a 7.6% rise on January last year, the Society of Motor Manufacturers and Traders (SMMT) said. The society said sales of alternatively fuelled vehicle increased by 25%.

Camrys, Caddys and Civics--good-bye: Mainstream cars top stolen-vehicle report

Look out Honda and Toyota owners, your mainstream cars are hot targets for car thieves, according to LoJack's annual report. Apparently the high gasoline prices have hit everyone, including car thieves. Honda topped the list of recovered stolen vehicles, with the fuel-efficient 2000 Honda Civic being nabbed the most often for the second year in a row.

2014 Corvette Stingray rated at 455 hp

The 2014 Chevrolet Corvette Stingray's 6.2-liter LT1 V8 engine has been rated at 455 hp at 6,000 rpm and 460 lb-ft of torque at 4,000 rpm -- the highest standard-power rating ever for the Corvette. An available performance-exhaust system boosts the rating up to 460 hp and 465 lb-ft of torque. Chevrolet says the new LT1 with standard exhaust has 25 more horsepower than the current Corvette's base LS3 6.2-liter engine, which is rated at 430 hp, and 41 lb-ft more torque compared with the 2013 model's 424 lb-ft.