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Watch the Corvette Z06 live reveal here

Chevrolet announced it will be video streaming the reveal of its much-anticipated 2015 Corvette Z06 from the Detroit auto show floor, and you can catch the whole event below. The preview starts at 9:30 am on Monday, January 13 and will also include the first official look at the upcoming C7.R Corvette race car. You may recall the spy photos of the Z06 we captured testing earlier this year, and the single teaser image Chevy released of the upcoming hi-po Corvette indicates some of the cosmetic changes.

Toyota increases U.S. prices an average of 1.7 percent on most models

Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.

New Infiniti DX (Etherea) based on Mercedes platform to be built by Magna Steyr

The new Infiniti DX is to be built in Europe by Magna Steyr It’s reported that Canadian-Austrian specialists Magna Steyr will build the new Infiniti DX Etherea from Mercedes A-Class components. It looks like the plans by Infiniti to build a production model of the Etherea Concept from this year’s Geneva Motor Show are pushing ahead, with reports that Magna Steyr – the Canadian Austrian specialist car builders – tasked with putting together what we expect to be the Infiniti DX. The DX is Infiniti’s big gun in its aim to take 10 per cent of global luxury car sales by 2016.