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Spied: 2014 Corvette Stingray Indy pace car

UPDATE: The Stingray has indeed been named the 2013 Indy 500 pace car; check out details and photos here We've suspected that the 2014 Chevrolet Corvette Stingray would earn a place of honor as the pace car for the 2013 Indy 500. Now, spy photos of a safety-light-equipped C7 caught testing at the General Motors proving grounds in Milford, Mich. seem to confirm our hunch.

Kia goes (dark) green

By Jesse Crosse Motor Industry 23 September 2008 11:00 Kia has unveiled a portfolio of new environmental technologies, including a 1.4-litre Ceed with stop-start (due in the UK in 2009), a Ceed hybrid and the latest version of its fuel cell-powered Sportage. The Korean manufacturer is investing heavily in research and development and will increase its spend on R&D from £2.2 billion this year to £2.6 billion by 2010, combined with a 40 percent increase in manpower at its research centres around the globe. The money is being spent on developing downsized, turbocharged engines, efficiency improvements to conventional engines such as friction reduction and the separation of accessories like water pumps from the engine.

Ettore Bugatti’s own Type 57C up for auction

Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term. Which explains why real classics are still fetching record prices.