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Chevrolet sets base price for the 2011 Camaro convertible at $30,000

The price of the 2011 Chevrolet Camaro convertible when it hits showroom floors in February will be $30,000, including an $850 destination charge, General Motors said on Thursday. The price is about $2,000 more than a similarly equipped Ford Mustang convertible. The Camaro convertible will be available in the same trim levels as the coupe version.

Porsche announces new Weissach design center and wind tunnel

Porsche is to invest around €150m into its Weissach development facility, including a new design center. The plans also include an electronics integration department and a state-of-the art, on-site wind tunnel, which is hoped will allow the company to realize an holistic approach to efficient design, with a strong focus on aerodynamics. When we spoke with head of Porsche design, Michael Mauer, at this year's Paris motor show, he also alluded to the fact that the Volkswagen Group's – and, more specifically, Walter de'Silva's – recent influence on the German manufacturer was shifting its attitudes: "The Volkswagen Group has a very good understanding of how much freedom a brand needs to keep its characteristics and with [Walter] as 'conductor', I feel a lot of support with design issues within the company," explained Mauer.

General Motors boosts output of the Cadillac CTS V6 for 2012

General Motors has reworked the 3.6-liter V6 engine used in the CTS for the 2012 model year, boosting output while maintaining the fuel-economy ratings of the less-powerful V6 from 2011. The 2012 version of the V6 delivers 318 hp and 275 lb-ft of torque. That compares with 304 hp and 273 lb-ft for the 2011 version.