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Corvette-powered Karmas coming in 2014

VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karma from hybrid power to Corvette power. Lutz told Automotive News on Thursday that the company has bought 25 unsold Karmas and has settled a dispute with an Asian investor that prevented VL from accessing the codes that operate the Karma's infotainment system. "Without getting those codes, it was close to impossible to get a working car," Lutz said.

BBC’S TOP GEAR HIGHLIGHTS THE DANGERS OF BUYING USED

A RECENT episode of BBC Two’s Top Gear shone the spotlight on the pitfalls associated with buying a used car. The team bought three BMW 325i convertibles and demonstrated how seemingly identical vehicles can have a very different past. HPI warns consumers to remain vigilant and protect themselves with an HPI Check.

More executive upheaval as GM changes CFO

Chris Liddell, the onetime executive hotshot hired from Microsoft and rumored to be a candidate for CEO, is leaving General Motors on April 1. The 52-year-old will be replaced by Dan Ammann, 38, who is GM’s treasurer. Liddell oversaw GM’s historic return to the stock market last year after its 2009 bankruptcy.