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Mid-engine Corvette won't happen, GM says

It's official: There's no mid-engine Chevrolet Corvette on the horizon. That's the word from General Motors' top global engineer. As for a Corvette with a hybrid powertrain, that remains a possibility.

On video: the world's fastest truck

This is one lorry that you wouldn't get stuck behind on the motorway - Shockwave is the world's fastest jet-powered truck, with a top speed of almost 400mph. Based on a Peterbilt Semi, the four-ton beast generates 36,000hp and can cover quarter of a mile in six and a half seconds. Power comes from three Pratt & Whitney J34-48 jet engines, each of which produces 12,000hp.

BMW announces DesignWorksUSA studio and ConnectedDrive lab in Shanghai

BMW has opened both a DesignWorks studio and a ConnectedDrive lab in Shanghai, China, as a means of gathering information and insight into the Chinese market as the company looks to increase its presence in Asia. Adrian van Hooydonk, Director BMW Group Design, said, "Creating this foothold for both BMW Group Design and DesignworksUSA in Shanghai is of great importance from both strategic and creative standpoints." President of BMW Group DesignWorksUSA Laurenz Schaffer said, "Our new studio in Shanghai places DesignworksUSA at the epicenter of the most rapidly growing and influential consumer market in the world and provides an indispensable resource for shaping our global perspectives for clients." The new studio will perform functions including product, transportation, automotive, environmental and interaction design; color, material and finish design; design communication, research and strategy as well as sustainability consulting. Designers from DesignworksUSA studio in Los Angeles, Munich and Singapore will supplement a local design team.