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2014 Chevrolet Corvette Stingray: 2013 Detroit Auto Show

Chevrolet has debuted the 2014 Corvette Stingray at the Detroit Motor Show, the most powerful – and fuel efficient – Corvette to date. Revealed at the Detroit Auto Show, the new Corvette – which gets the fabled ‘Stingray’ moniker – comes as standard with a 6.2 litre V8 delivering 450 horses and 450lb/ft of torque which translates in to a properly swift 0-60mph of under four seconds, and yet conspires to offer official economy of 26mpg – just not at the same time. But it looks like the new Corvette may be able to go round corners as well as it goes in a straight line, with a new seven-speed manual ‘box with rev matching driving the power to the rear wheels, and a five position Drive Mode Selector that’s said to tailor 12 vehicle attributes to suit intent and environment.

Fisker to face Congressional committee probe

Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.

TrueCar announces women's racing initiative

TrueCar, publishers of new-car-transaction data, revealed plans for a multiyear push into motorsports sponsorship but with a twist. TrueCar will throw its money behind female racers in premier series and up-and-coming ones in numerous development series. "TrueCar is built upon the foundation of empowering individuals with the tools and resources they need to become expert car buyers," TrueCar founder and CEO Scott Painter said.