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2013 Chevrolet Corvette offers 427 convertible collector's-edition model

The C6 Chevrolet Corvette is going out in style--and with plenty of performance. Chevrolet confirmed on Thursday that the 2013 Corvette will be the final year for the sixth generation of its iconic sports car, which it will send off with a 427 convertible collector's edition and a 60th-anniversary package. The cars will be shown in the flesh on Jan.

Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.

Sebring swap: Chrysler will call its 2011 sedan the 200

The Chrysler Sebring will get a fresh start late this year as it relaunches with a new name, the 200, and considerable upgrades to the engines, sheetmetal and interior. The 200 gets a new grille with a prominent Chrysler badge, new fascia front and rear, projector headlamps and fog lamps and LED taillights. The new engines to be offered are Chrysler's Pentastar V6 that will make 283 hp and 260 lb-ft of torque, which is slightly detuned from its uses in the Jeep Grand Cherokee and Dodge Charger, and a 2.4-liter four-cylinder from Fiat's global engine bin.