Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.

Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

Peugeot 207 S16 announced

Peugeot has revealed the slightly shouty Peugeot 207 S16 The last few days new from Peugeot has been all about the Toyota recall mess and having to drag in a pile of 106s for the sticky throttle fix.  So it’s nice to report a new car from Peugeot instead (particularly if you’re in to boy-racer Peugeots) with a limited edition Peugeot 207 on offer. Peugeot has announced the Peugeot 207 S16 to celebrate its domination of the Intercontinental Rally Challenge for the last three years, and of Kris Meeke in winning the 2009 IRC drivers’ title.