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UPDATED: 2014 Chevrolet Corvette LT1 V8 to make 460 hp, 465 lb-ft

UPDATED 5/28/2013: Chevrolet has officially rated the 2014 Corvette Stingray LT1 V8 at 460 hp at 6,000 rpm and 465 lb-ft of torque at 4,000 rpm. Chevy claims up to 316 lb-ft of torque is available starting at 1,000 rpm. Check out complete LT1 details below, and look for an upcoming breakdown of the latest LT1.

Design Contest: Automotive design community gathers for annual design awards party in Paris

More than 300 senior members of the automotive design community will be attending the Interior Motives Design Awards 2004 ceremony to be held at Le Cab, Paris on 24 September, during the Paris Motor Show. Among the special guests will be the Interior Motives Design Awards 2004 judges:- Olivier Boulay, Mercedes-Benz Advanced Design Japan- Guy Burgoyne, Volvo Cars- Simon Cox, GM Advanced Design UK- Bill Fluharty, Johnson Controls, Inc- Ulrich Lammel, Volkswagen AG- Steve Lewis, SEAT Cars- Sarah Maynard, Aston Martin Lagonda- Justyn Norek, I.DE.A Institute- Roberto Piatti, Stile Bertone- Marek Reichman, Ford Motor Company- Rus Shafer, Intier Automotive- Andreas Wlasak, Faurecia The Interior Motives Design Awards 2004 received over 200 entries from more than 31 countries and 47 design colleges, further establishing itself as a global competition. Attendees will have the chance to meet finalists from the world's top transportation and industrial design courses, as well as the awards' judging panel.

Infiniti sets up global HQ in Hong Kong

Nissan Motor Co. is establishing a new global headquarters for its Infiniti luxury brand in Hong Kong, in a nod to the surging sales it expects from China. Infiniti, which is not sold as a separate brand in Japan, is currently run out of Nissan's worldwide office in Yokohama, Japan.