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Sinkhole at National Corvette Museum consumes eight rare cars

Update: The National Corvette Museum has released a video of the sinkhole, which we've embedded below. Museum personnel are reportedly in the process of removing other cars from risky areas. We'll be sure to bring you more information as it becomes available.

GM begins clearance sale for Hummer

General Motors is shutting down the Hummer brand for good, taking the last of its four discarded U.S. brands off the market. GM had said it would consider offers to buy Hummer after a deal to sell the brand to Sichuan Tengzhong Heavy Industrial Machinery failed to receive Chinese government approval in February.

Holden VF Commodore Calais V Concept

Holden has unveiled its new Calais V luxury sports concept, previewing the future design director of the carmaker's VF Commodore, which will be sold in the US as the Chevrolet SS. The halo car of GM's Australian arm is a clear evolution of the outgoing model, with an emphasis on greater percieved quality in order to appeal on a global scale. "You'll notice that the hood is more prominent, with a centre crease that emphasises performance potential and two raking spears sweeping in from the A-pillars," says Richard Ferlazzo Holden Chief Designer - Creative Design.